The average Engagement ring in Sydney in 2022 starts from $5,297.50 AUD. While you can’t help wanting to compete with the massive sparklers on social media and celebrity engagements, the average Australian in Sydney is spending in the region of $5,297.50 AUD and over for the perfect engagement ring. Research is the key to finding a ring within budget with Sydneysiders putting time and effort in to gain an understanding of the budget considerations on the journey to finding the one ring to rule them all. An interesting find is that the amount spent on an engagement ring increases with the amount of research a seeker does into understanding the considerations such as the 4 Cs of Buying Diamonds and Different Types of Engagement Ring Settings, that are needed to ensure their hard-earned cash is well spent. Whilst those wanting to spend a little more with a larger budget can appreciate varying factors such as; the difference between unique diamond shapes, diamond cutting styles and diamond cut and finding the perfect Match of Precious Metals For Their Gemstones that may demand a higher budget.