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Cost of a Wedding Ring. The center stone constitutes the most expensive part of a classic solitaire ring, accounting for as much as 85 percent of its price. In 2015, the average cost of a wedding ring is between $5968-$6258. This includes both the engagement ring and traditional wedding band.
In 2015, the current average cost of an engagement ring is between $4,770 - $5,580. 1  The most popular engagement ring cut is the round brilliant diamond.  The average womanâs ring size is about 6.