1 Carat Diamond Price & Buying Guide (2024)

A wide range of 1 carat diamonds exist both in online markets and local diamond jewelry stores. Not only are there significant differences in beauty among these diamonds, there are significant differences in price as well. Not to mention the differing markups charged by retailers. That’s why we have an article for the best place to buy engagement rings.

This guide to 1 carat diamond engagement rings can help you make the best purchase. To find an extraordinary, head-turning 1 carat diamond ring, read on.

Monthly Diamond Price History

  • 1 Carat

Here’s what we’ll cover in this article:

How much does a 1 carat diamond ring cost?
How big is a 1 carat diamond?
Where should I buy a 1 carat diamond ring from?
Diamond carat weight vs. diamond size
What qualities get me the best value for a 1 carat diamond ring?
How can I get the best value in a 1 carat diamond?
FAQs
1 carat diamond ring inspiration
Bottom line recommendation

To help you with the diamond buying process we lean on our expertise and experience. The author of this article, our CEO, Mike Fried has over 20 years of experience in the diamond industry. Mike started from the bottom, sorting and evaluating hundreds of thousands of diamonds to learn every facet (pun intended) of diamond quality and value. Mike followed that up by spending years buying and selling diamonds on the wholesale market as well as selling tens of millions of dollars worth of diamonds to diamond retailers.

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How Much Does a 1 Carat Diamond Ring Cost?

Based on analyzing market prices, a 1 carat diamond costs between $1,800 and $12,000 (depending on the current market situation). The price depends on factors such as the cut quality, clarity, color and shape of the diamond. Cut quality is the aspect that most greatly impacts a 1 carat diamond’s price and its beauty. (diamond prices for one carat round diamonds average between $6,800 to $8,500 for natural diamonds and less for lab-grown diamonds).

This was the cheapest 1 carat diamond I found on James Allen, that does not seem to be something you would want to put on your finger. On the other hand, here is a 1 carat diamond for sale on Blue Nile that is as perfect as can be. But is this the best way to spend $14,000? We recommend finding a balance between the two to maximize value and size.

1.00 Carat Diamond Price Chart – Updated July 2024

ShapeTop Quality
D/E, FL/IF
Our Recommendation
G/H, VS2/SI
The Lower End
I/J SI1/SI2
Round$12,000$3,190$2,650
Princess$9,450$2,420$2,090
Cushion$7,200$2,000$1,780
Emerald$6,900$2,420$1,960
Oval$8,800$3,070$2,000
Pear$8,490$2,370$2,250
Marquise$8,550$3,190$2,900
Asscher$9,470$2,260$2,350
Radiant$7,500$2,320$1,660

Each 1 carat diamond price tag comes down to more factors, as mentioned above, which determine the beauty of the diamond. But size is a huge driver of diamond price, and although carat is not explicitly a measurement of size, it is correlated.

Carat simply refers to the weight of the diamond. 1 carat equals 200 milligrams, or 0.2 grams. To put it in perspective, a 1 carat diamond weighs roughly the same as a quarter of a raisin.

All diamonds are priced per carat. For example, a 1/2 carat diamond may have a price of $1,400 per carat. The diamond’s price for the stone would be $1,400 x 0.50, equaling $700. You can check out the price differences across different carat weights using our diamond value calculator.

1 Carat Diamond Price & Buying Guide (3)

1 Carat Diamond Price Broken Down

Diamond prices per carat increase as you reach higher weight ‘categories.’ Diamond prices increase exponentially with weight because of the diamond’s higher weight value and the higher price per carat for the increased weight category. For example, a 1 carat diamond might be priced $3,150 or more per carat like this one from James Allen, while a similar 2 carat diamond might be at $6,450 or more per carat like this diamond from James Allen.

We stress the word ‘categories,’ as prices per carat do not continually increase as weight increases. Diamonds are retail products driven more by emotion than reason.

Although it may seem advantageous to look for a diamond that’s just below a new weight category—such as a 0.90-0.99 carat diamond—that really isn’t the case. The search for an “almost” 1 carat diamond has become incredibly popular. This popularity elevates the price for those particular diamonds—making the cost savings minimal.

Ultimately, you can search for a 0.90ct+ diamond, but we suggest not trying to find one specifically, as you’re limiting your search potential without really saving anything.

We’re here to help you avoid purchasing one of those diamonds.

Fun Fact: The very first Super Bowl ring was awarded to the Green Bay Packers in 1967 and featured a 1 carat diamond. Source: JCK Online

1 Carat Diamond Price & Buying Guide (4)

How Big Is a 1 Carat Diamond?

The size of a diamond depends on its shape. For example, a 1.00 carat round diamond cut to ideal proportions is approximately 6.5mm in diameter. Other diamond shapes may have a larger or smaller surface area. Oval, pear, and marquise diamonds have a larger surface area, while princess and ascher cut diamonds are smaller, with just around 5.5mm table size.

Diamond ShapeApproximate Table Surface for 1 Carat
Round brilliant cut6.40×6.40mm
Princess cut5.50×5.50mm
Emerald cut6.50×5.00mm
Asscher cut5.50×5.50mm
Radiant cut6.00×5.50mm
Cushion cut6.50×5.50mm
Oval diamond8.00×5.50mm
Pear shaped diamond8.50×5.50mm
Heart shaped diamond6.70×6.70mm
Marquise diamond10.50×5.00mm
Trillion diamond7.74×7.74mm

Pro Tip: A 1.00 carat diamond is absolutely big enough to draw attention. Size and carat weight should be a consideration for your ring, but you should also focus on choosing a well-cut diamond. A stunning 1 carat diamond that sparkles brightly will be more brilliant and eye-catching than a poorly cut 2 carat diamond.

1 Carat Diamond Price & Buying Guide (5)

Remember that carat is a measurement of weight, rather than size. So two diamonds of identical carat and shape may not be the exact same size. Depending on how the diamond is cut, its proportions, and thus its visible size, may be slightly different to another despite being the same carat.

Where To Buy a 1 Carat Diamond Ring

The world of diamond dealers is vast, but don’t let that intimidate you. Many high-quality and honest diamond jewelry sellers can be found online and in stores.

For a 1 carat diamond ring, we recommend finding an online seller as they tend to have a larger selection of quality 1 carat diamonds than local stores. They’ll offer beautiful settings as well, made of 18K or 14K white gold, yellow gold, rose gold or platinum. With the online option, you have a greater chance of finding an exquisite diamond at an exceptional price.

With our years of experience in the diamond industry, we’ve been able to vet several diamond dealers. We have a consistent pulse on which companies you can trust and which companies produce the best diamond cuts at an excellent price point.

1 Carat Diamond Price & Buying Guide (6)

We highly recommend the following sellers for a 1 carat diamond ring:

  • James Allen: 18+ years of experience in the diamond industry, high-quality certification (GIA), focused on customer experience, attractive prices, best in class diamond imagery.
  • Blue Nile: 17+ years of experience, high-quality certification (GIA), largest inventory of diamonds and ring settings, exceptional diamond quality and refined jewelry.
  • Brian Gavin Diamonds: 20+ years of experience, high-quality certification (GIA), unprecedented dedication to offering the best cut diamonds, offers super-ideal cuts with “Brian Gavin Signature” Hearts & Arrows.

If you’re using these diamond dealers or any others, keep the following in mind:

Tips When Selecting a Jeweler

  • Only purchase diamonds that come with a GIA certificate.
  • Run comparisons for price and beauty across various websites before purchasing.
  • Ensure that the diamond cut is an ideal cut, or a GIA grade quality of Excellent. This level of cut maximizes the sparkle, brilliance and fire of your diamond. Diamond cut is the single greatest element that impacts a diamond’s overall beauty and sparkle.
  • Opt for a high-quality setting for your engagement ring, like one made of 14K white gold, yellow gold or rose gold
  • Consider asking a diamond expert to help you review diamonds or aid in your search for high-quality 1 carat diamond rings.

There Is No Such Thing As Diamond Carat Size

People often mistake diamond carat weight fordiamond size. Diamond carat refers specifically to theweightof the diamond. It does not impacttable surface area, depth, or other shape features. A higher carat weight does not mean a larger-sized diamond. Size, on the other hand, has to do with the visual appearance of the diamond. For example, a marquise-shaped diamond will likely appear larger than a round brilliant cut in the same carat only because of its elongated shape.

Pro Tip: Various factors, such as surface area and depth, account for a diamond’s size. Thus, two diamonds of the same carat weight usually appear different in size depending on shape design and cut quality.

1 Carat Diamond Price & Buying Guide (7)

Clarity Rating For 1 Carat Diamonds

When looking at the 4 C’s (cut, color, clarity and carat weight) of a 1 carat diamond, an important area to consider is diamond clarity. This factor dictates how many inclusions, surface defects (or blemishes) and extra facets are present in the diamond.

Similar to our recommendations for diamond color, we suggest reviewing the clarity of a diamond yourself or asking for assistance from an expert. What the naked eye can see is more important than simply a GIA grade rating.

For a 1 carat diamond, we generally recommend a minimum of a SI1 grade (or a really nice SI2), as most inclusions and blemishes will be invisible to the naked eye. You may be able to find an SI1 with inclusions near the edges of the diamond–that, depending on shape, may be covered by the setting prongs.

The maximum rating on the diamond clarity chart, within a reasonable budget, will usually be a VVS2, which provides no inclusions or blemishes to the naked eye.

Eye-Cleanliness is Paramount

In our opinion, a consumer’s goal should be to find the cheapest (in regards to clarity; other factors matter as well) “eye-clean” diamond you can find. We use “eye-clean” to describe diamonds that may have inclusions if you look at them with a magnifying glass (or microscope or loupe), but the typical person can’t see the inclusion with their naked eye.

We Have Recently Developed Ringo

Ringo, a patented artificial intelligence model, can examine videos of diamonds and determine if they are eye-clean. Ringo will also filter for other parameters like making sure the diamond is well-cut, doesn’t have fluorescenceissues and will match the style setting you choose.

Be sure to review it yourself or have an expert assist you.

1 Carat Diamond Shapes

A well-cut 1 carat diamond with a beautifully designed setting will look stunning in any diamond shape. As such, diamond shape is primarily selected based on personal preference and style.

For those concerned with the size appearance of the diamond, there is a surface area difference amongst 1 carat diamond shapes. Depending on their differing table sizes (the top, flat leveled surface of a diamond), the 1 carat may seem larger.

You can also look at this image that gives you a better idea about the 1ct diamond sizes compared to a US quarter and to each other (click the image to enlarge it).

1 Carat Diamond Ring Colors

When looking at a range of 1 carat diamond rings, one of the 4 C’s to note is color.

The GIA grades color on a scale from D to Z, with D being the clearest, colorless diamond, and Z being a diamond with an easily noticeable yellow or brown tint.

In addition to the GIA color grading, review the diamond’s pictures and videos yourself–or have an expert assist you.

James Allen states it well in their article about diamond color, saying:

“Most people find it very difficult (if not impossible) to tell the difference from one color grade to another. The difference in price, however, can be significant.”

For this reason, looking at the diamond carefully is usually the best indicator of color quality. Most importantly, ensure the diamond looks white in relation to its setting. For example, normally a K color diamond would have a yellowish tint–but if it’s contrasted to something darker (e.g. a yellow gold solitaire setting), it appears clear and vibrant.

If you put that same K color diamond in a halo setting, on the other hand, you will notice a warmish, yellow tint to the diamond. In general, we recommend a 1 carat diamond be in the nearly colorless G-I range. To the naked eye, it will appear just as colorless as diamonds in the D-F range and since diamond prices go up steeply with as diamond color increases it will cost far less.

The better a round diamond’s cut is, the harder it is to discern color. For this reason, it’s more important to focus on cut quality than on color.

1 Carat Diamond Price & Buying Guide (9)

How To Get The Best Value For a 1 Carat Diamond

Our main goal is to help people find radiant, high-quality diamonds at exceptional value. We want you to find a stunning diamond engagement ring without paying more than you should.

To ensure your diamond is exactly what the diamond dealer is stating, ensure the diamond comes with a GIA certificate. The GIA laboratory is a renowned and well-respected diamond grading entity that issues accurate and consistent reports for diamonds.

If a diamond seller is trying to convince you to purchase a diamond with a different lab grading entity, politely decline their invitation. The actual quality of those diamonds is much less than what they’re portraying to be “true.”

To select an exquisite 1 carat diamond ring at the best value, follow our expert recommendations:

  • Diamond cut: Maximize the fire and brilliance of your diamond by choosing only an Excellent cut diamond. Cut is the number one factor of a diamond’s beauty and value.
  • Diamond color: Choose a diamond in the nearly colorless G-I range, as to the naked eye, it will appear just as colorless as diamonds in the D-F range (and cost far less).
  • Diamond clarity: Diamonds with a VS1 and VS2 clarity grade offer the best value for what can be seen with the naked eye. Most inclusions and blemishes will be unnoticeable in these grades.
  • Diamond shape: Select a diamond shape that is personally and aesthetically appealing. Ensure the type of setting you want is complementary and physically secure for the shape.
  • Online diamond dealer: Choose a well-respected diamond seller with years of experience, such as James Allen, Brian Gavin Diamonds, or Blue Nile.

Lab Grown Diamonds

This article focuses on buying a natural 1.00 carat diamond. Over the last few years there has been a pickup in sales of lab-grown diamonds and many people are opting to purchase larger diamonds with their budget. This trend is reported in a March 2022 article ondiamonds.netwhich quotedBeryl Raffas saying “The 2-carat lab-grown diamond has become the new 1-carat mined diamond”. Inthis article, we discuss the issues we have with LCDs as well as advice on how to get the best LCD diamondif you decide to go that route.

Frequently Asked Questions About a 1 Carat Diamond Engagement Ring

Here our experts answer some of the top things readers want to know about 1 carat diamonds and engagement rings.

How much does a 1 carat diamond engagement ring cost?

Your typical one carat engagement ring should cost about $8,000. You can get one for cheaper if you stick with a gold solitaire setting and search for a diamond on the lower end of the quality spectrum. Or you can spend over $20,000 if you go with an intricate setting laden with diamonds and a D or E color flawless diamond.

Rather than aiming to get the cheapest price and product, you want to find a high-quality engagement ring at a great price. After all, this is a gift that will last a lifetime. Follow the tips in this guide to find the best value for a 1 carat engagement ring, or reach out to our experts for personalized advice.

How much is a 1 carat diamond worth?

Figuring out the value of a 1 carat diamond should be done on a case-by-case basis. Depending on how well-cut the diamond is, how many inclusions it has, and how colorless it is will all impact how much the stone is worth.

In general, diamonds make for beautiful and meaningful pieces of jewelry. They shouldn’t be considered an investment, though. If you were to sell your diamond, you wouldn’t break even on the original price. Where you purchased the diamond and where you’re reselling it makes a difference in the value you’ll retain. If you buy and sell your diamond online — the best option — you could retain approximately 60-70% of the diamond’s price.

What is the most popular size diamond for an engagement ring?

The average size of an engagement ring in the United States is 0.90 carat. With this carat weight, the diamond is substantial, but not too large and expensive. Many people will pair that diamond with a setting that has side stones which will bring your total carat weight over one carat.

What is a good carat size for an engagement ring?

A 1/2 carat engagement ring and above is a good size in general. At 0.5 carat, the diamond will be noticeable but not overpowering. At 1.0 carat, the diamond is more eye-catching. With a 2 carat diamond engagement ring or 3 carat diamond engagement ring, you’ll be turning heads, especially if you select an excellent cut diamond with plenty of brilliance.

Most importantly, aim for a diamond that has brilliance and fire. Choose one that’s eye clean and looks white in relation to its setting. By focusing on these basic elements, you’re ensuring that your diamond is beautiful and has sparkle—which is more important than carat weight.

1 Carat Diamond Engagement Ring Inspiration

There’s a wide variety of styles available for 1 carat engagement rings. Here we offer you inspiration for everything from vintage designs to modern solitaire engagement ring settings.

If you’re looking for a colorful alternative or compliment to a 1 carat diamond ring, consider gemstone jewelry for your engagement ring, such as choosing a pink sapphire or emerald.

Quick Tips for Buying a One Carat Diamond Engagement Ring

Bottom Line Recommendation:

When you’re buying a high-priced item like a 1 Carat Diamond Engagement Ring, you want to make sure you’re getting the maximum value for your money — and the most beauty.

Everything you need to know about 1 Carat Diamond Engagement Rings is right here. Which qualities you should focus on and which to avoid. We cover pricing and where to buy a one carat diamond. And much more.

1 Ct Diamond Price
Tips to Buy a 1 Ct Diamond

One carat round diamonds can cost anywhere from $2,500 on the low end of quality all the way up to $18,000.

We recommend purchasing from a reputable online retailer like Blue Nile or James Allen.

A beautiful 1 ct diamond in the range we recommend would be about $5,000.

A diamond in the G-J color range and an eye-clean diamond within VS2-SI2 clarity will be the best bang for your buck.

A fancy shape diamond (not round cut) will usually be cheaper. You can get a nice 1 ct cushion cut for $3,300.

Pay close attention to the diamond cut. The better cut a diamond is, the more fire and brilliance you will see once it is mounted in a ring.

Having trouble navigating the diamond buying minefield? We are happy to help. CONTACT US

Here are more carat size topics to browse:

  • How to read a diamond carat/size chart
  • What are diamonds worth?
  • What does the average engagement ring cost?
  • What is the average diamond carat size for an engagement ring?
  • What is the price of a ½ carat diamond ring?
  • What is the price of a ¾ carat diamond ring?
  • What is the price of a 1.5 carat diamond ring?
  • What is the price of a 2 carat diamond ring?
  • What is the price of a 2.5 carat diamond ring?
  • What is the price of a 3 carat diamond ring?
  • What is the price of a 4 carat diamond ring?
  • What is the price of a 5 carat diamond ring?
  • What is the price of a 6 carat diamond ring?
  • What is the price of a 7 carat diamond ring?
  • What is the price of an 8 carat diamond ring?
  • What is the price of a 9 carat diamond ring?
  • What is the price of a 10 carat diamond ring?

1 Carat Diamond Price & Buying Guide (19)

James Allen James Allen is the leader in online diamond sales. Their imaging technology is the same as inspecting a diamond with a jeweler's loupe. They have the largest exclusive loose diamond inventory online and fantastic prices. They also have the nicest collection of lab-created diamonds online. They currently run a 30% discount on selected lab-grown diamonds!

What we love about them:

  • No questions asked returns within 30 days of shipment. James Allen will send you a paid shipping label to return the ring.
  • Lifetime Warranty
  • Free International Shipping
  • Free prong tightening, repolishing, rhodium plating and cleaning every 6 months
  • Provide insurance appraisals
  • One free resizing within 60 days of purchase
  • Free ring inscriptions
  • Best-in-class high quality imagery of all diamonds in stock
  • 24/7 Customer Service
  • Best-in-class packaging

1 Carat Diamond Price & Buying Guide (20)

1 Carat Diamond Price & Buying Guide (21)

1 Carat Diamond Price & Buying Guide (22)

Blue Nile Blue Nile is the largest and most well-known internet jewelry seller. They have a very large exclusive online inventory. Their high-quality images are catching up to James Allens' and their prices are amazing.

What we love about them:

  • No questions asked returns within 30 days of shipment. Blue Nile will send you a paid shipping label to return the ring.
  • Lifetime Warranty
  • Free Shipping
  • Free prong tightening, repolishing, rhodium plating and cleaning every 6 months
  • Provide insurance appraisal
  • One free resizing within the first year of purchase
  • High quality images of about half of their diamonds
  • 24/7 Customer Service
  • 100% credit towards future upgrades (must be at least double in value)
  • Best in class fulfillment

1 Carat Diamond Price & Buying Guide (23)

1 Carat Diamond Price & Buying Guide (24)

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About the author

Mike Fried Mike Fried has over 25 years experience in the diamond industry working with Leo Schachter Diamonds, Moshe Namdar Diamonds, and joining The Diamond Pro in 2007. He is recognized as an industry expert and has been quoted in publications such as Us, People, Page Six, The Next Web and more.

1 Carat Diamond Price & Buying Guide (2024)

FAQs

How much should I spend on a 1 carat diamond? ›

On average, the retail price for one carat diamonds can be anywhere between $2,000 to $16,000, and between $8,000 to $72,000 for two carat diamonds .

How much should I sell a 1 carat diamond for? ›

The average price of a 1 carat diamond is currently $4,180 (see price chart below). 1 carat diamonds can cost anywhere from $1,363 - $9,814 depending on the diamond's shape, color, clarity, and other factors. To see specific details on diamond pricing by shape see our 1 carat diamond prices table below.

Is it worth getting a 1 carat diamond? ›

When buying a 1 carat diamond ring, you get the most for your money. A diamond's price increases exponentially not linearly. This means that the price of a 2 carat diamond will not be twice the price of a 1 carat, it will be much higher. The bigger the stone, the higher the difference in price.

What size diamond is best value for money? ›

If you are on a budget and want to get the most bang for your buck, it's recommended that you stick to a diamond with a VS2 or SI1 clarity grade. However, if you are buying a diamond that is larger than 1.5 carats, it's better to buy at least a VS2, since inclusions are easier to spot in larger sized diamonds.

What is a respectable carat diamond? ›

Tip #1: Standard & Average Sizes

The 1.0 carat center stone used to be the most desired size for engagement rings; however, more recently, we are seeing this shift towards a slightly larger stone, with couples choosing diamonds averaging 1.50 to 2.00 carats.

Is a 1 carat diamond considered big? ›

No matter the cut, a 1-carat weight is a popular choice— it's the average diamond size for a typical engagement ring in the U.S., which can range between 1.08–1.2 carats, according to diamond consultants The Diamond Pro.

Are old diamonds worth more? ›

In most cases, the precise qualification is that the diamond be around since the 1930's. The value of a diamond is said to increase with age, so the older the diamond, the more expensive the diamond is said to be.

Are diamonds worth anything after you buy them? ›

Resale Value: The resale value is how much you will get paid if you decide to sell the diamond. As a result of the retail mark-up and the decline in diamond prices, the resale value is typically well below what you paid. Indeed, diamond jewellery will typically resell for 25% to 50% of the purchase price.

Do lab diamonds hold their value? ›

As with a natural diamond you can expect your lab grown diamonds to significantly drop in monetary value after purchase. Some estimate that lab grown diamonds can drop to 10% of their original price or lower, while more generous estimators put them nearer to natural diamonds at 30% of the original price.

What carat size is best for everyday wear? ›

0.50 carat

A half-carat round diamond will be noticeable and perfect for both everyday wear and special occasions. Measuring about 5 mm across, a diamond this size will certainly have plenty of sparkle.

Why does my 1 carat diamond look small? ›

Visually, different diamond shapes can make diamonds of the same carat size appear larger or smaller. For example, a marquise diamond will always appear larger than an oval diamond, simply because it has a larger surface area. Similarly, the cut of a diamond can also impact the size of a diamond.

What to look for in a 1 carat diamond? ›

For your 1-carat diamond, we recommend near-colorless stones in the G through J range. These stones will face up as white. For step-cut diamonds like emerald-cuts or Asscher-cuts, choose a minimum color grade of H. These diamonds will reveal any yellow or brown tints more easily than other diamond cuts.

What cut of diamond holds the most value? ›

The most expensive diamond shape is by far, the round brilliant cut diamond. This cut has 58 facets to reflect the maximum amount of light, making it the most sparkly and brilliant of all the diamond cuts. The round cut diamond requires a lot of skill and precision to cut correctly, which adds to its high cost.

How big a diamond will $10,000 buy? ›

For $10,000, you can expect to find a high-quality diamond that is between 1 and 1.5 carats, depending on the other 'Cs'. It's common to see a trade-off; for instance, a larger carat weight could mean a compromise on clarity or color.

What is the most purchased diamond size? ›

What is the most popular carat size for engagement rings? While engagement ring preferences vary depending on the person or current trends, the average engagement ring carat size is about one carat.

How much should diamonds actually cost? ›

The average price can range from $1,500 for a 0.5-carat diamond to $21,000 for a two-carat diamond.

How much should I pay for a 1.5 carat diamond? ›

The average price of a 1.5 carat diamond is currently $8,557 (see price chart below). 1.5 carat diamonds can cost anywhere from $2,978 - $19,714 depending on the diamond's shape, color, clarity, and other factors.

How much should a guy spend on an engagement ring? ›

Most people believe you should spend at least two months' salary on your engagement ring. If, for example, you are making $60,000 per year, you should spend $10,000 on the engagement ring.

How much should an engagement ring cost on salary? ›

It's known as the "three months' salary" rule, and it implies that a buyer should put three months of their salary toward a sparkler for their future spouse. For context, The Knot's 2023 Jewelry and Engagement study found that the average cost of an engagement ring in the US is $5,500.

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