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# Engagement Ring Calculator

Trying to find out how much to spend on engagement ring? You can use our online engagement ring calculator to figure out how much you spend on his/her ring based on your annual income. Our ring cost calculator calculates the low, high and the typical cost you should spend on your girl's ring.

## How Much to Spend on Engagement Ring?

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Trying to find out how much to spend on engagement ring? You can use our online engagement ring calculator to figure out how much you spend on his/her ring based on your annual income. Our ring cost calculator calculates the low, high and the typical cost you should spend on your girl's ring.

Engagement rings are the symbol of love and it is the time in your life to take the big step in relationship. Our engagement ring calculator determines how much you are supposed to spent on your fiancée ring. This simple engagement ring budget calculator allows you to enter the annual income to determine the low, high and typical cost you should spend on buying a ring to surprise your girl.

#### Engagement Ring Formula:

Low Cost = (Annual Income / 12) × 2 High Cost = (Annual Income / 12) × 4 Typical Cost = (Annual Income / 12) × 3

### Example:

Nijesh's annual salary is 190000\$. How much he could spent on a diamond ring?

#### Solution :

Low Cost = (Annual Income / 12) × 2
= (190000 / 12) × 2
Low Cost = 31666.67 \$
High Cost = (Annual Income / 12) × 4
= (190000 / 12) × 4
High Cost = 63333.33 \$
Typical Cost = (Annual Income / 12) × 3
= (190000 / 12) × 3
Typical Cost = 47500.00 \$