For example, a 2 carat diamond from James Allen might be priced at $8,380 per carat, while a similar 3 carat diamond from Blue Nile is $10,920 per carat. If a 2.50 carat diamond has a price of $12,280 per carat the diamond’s price would be $12,280 x 2.50, equaling $30,700.ĭiamond prices per carat also increase with higher weight categories. In this chart, you can see the relative size of all 3 carat diamond shapes.Ĭomparing 3 carat diamonds to a coin for perspectiveĭiamonds on a wholesale level are priced per carat. The standard dimensions for a round diamond are 9.20 X 9.20 X 5.73mm. How Big is a 3 Carat Diamond Engagement Ring?Ī 3 carat diamond weighs 600 milligrams and has a diameter (if it is round) of 9.2 millimeters. For instance, the average cost of a 3.50 carat diamond is between $24,000-$160,000, with some priced as high as $190,000. Diamonds with a higher carat weight are more rare, especially in a high-quality cut. Color and clarity also impact the price of a 3 carat diamond, but not as much as cut.Īs carat weight increases, so does the cost per carat. So paying more for cut quality is certainly worth it. A lower cut grade results in a diamond without brilliance-making such a large purchase worthless. That’s why we recommend only considering excellent and Ideal cut 3 carat diamonds. To better understand the topic, check out our article on diamonds prices.Ĭut quality is the factor that most greatly impacts the price-and beauty-of a 3 carat diamond ring. Analysts at Citi and Bain stated that luxury sales grew by a whopping 15% in 2022 alone. That makes sense given the surge of 2021-2022 for luxury goods. At the beginning of 2023, we are seeing a dip in prices and demand. 3 Carat Diamond Price Chart – Updated July 2023 Shapeĭiamond prices historically rise at a slow and steady pace, with occasional surges and dips. We will go over how to find the sweet spot when balancing size and quality. You can check out the price differences across different carat weights using our diamond value calculator. The cost of a 3 carat diamond engagement ring depends on a number of factors including cut quality, clarity, color, and shape. 3 ct diamond prices on the high or low end of the quality spectrum can vary from $20,000 to $125,000. Deal Alert: Save 10% on Lab Grown Diamonds at James Allen How Much Does a 3 Carat Diamond Ring Cost?Ī good quality 3 carat diamond will cost you between $33,500 and $44,000 depending on the shape.
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