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Kate Middleton's engagement ring cost Â£28,000 when bought by Prince Charles for Diana in 1981. Kate Middleton's engagement ring cost Â£28,000 when it was bought by Prince Charles for the then Diana Spencer in February 1981. In today's prices the oval 18-carat blue sapphire surrounded by 14 diamonds would cost Â£85,000 - although Diana's is priceless.
Grooms spent an average of $5,855 on engagement rings for their brides-to-be. According to data from weddingstats.org, between $5,968 and $6,258 was spent (on average) to pay for wedding rings and bands for brides in 2015. The 2013 average for a groom's wedding band was between $389 and $547.