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The short answer to this question is yes, there is an average-sized diamond for an engagement ring. But the longer answer gets more complicated. The average size diamond for the US as a whole is 1 carat. The bigger picture starts to break down just how we get to that "average" size. Bigger cities that are typically seen as centres of more affluent living feature much weightier diamonds, while most of the rest of the country goes for smaller stones – hence giving us our average.
Hubs for business and art like Los Angeles, New York City and Chicago feature averages more in the 2.5-carat diamond size. That's similar to what can be found in big cities across the South like Dallas, Atlanta, and Miami. If we expand our geographic regions we continue to build a more nuanced picture. Smaller cities throughout the rest of the country often don't even reach 1 carat, preferring in the range of 0.5 to 0.7 carats.
As surveys show, Europeans tend to put less emphasis on engagement rings with an average 0.5-carat diamond size, with the United Kingdom specifically only coming in slightly larger at 0.6 carats. China and Singapore also come in with a 0.5 carat average diamond weight with Hong Kong and Australia being slightly higher at 0.7 carats. And Japan prefers smaller, petite diamonds around the 0.3-carat mark.
In the United States, particularly, the average diamond size for engagement rings also has a strong correlation to age. The younger you are, it's less likely that you'll be buying a larger diamond since you haven't had as much time to save money. People well into their twenties and early thirties typically go for diamonds that are on the larger size – in the one to two-carat range – as they're farther along in their careers and have been able to set money aside for this momentous purchase.
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