If you’ve ever thought about getting engaged then chances are you’ve also considered how much you or your potential fiancé should spend.
While there’s no hard-and-fast rule, there are plenty of myths when it comes to the cost of the bling from the three-month salary policy to the split-the-difference rule - writes independent.co.uk
Now though, one jewellery retailer has revealed the exact amount the average man is prepared to spendand it’s less than most women would expect.
According to William May, a survey of 2,250 Brits revealed that the average man in the UK spends £1,471.01 - a price that just so happens to be £383 lower than the £1,854 the average woman said she would like her ring to cost.
The data also showed that men in the east of England are more likely to splash the cash on an engagement ring, revealing that they would fork out an impressive £1,696.43.
In contrast, men in Yorkshire were found to spend the least, admitting they wouldn’t be willing to exceed £1,261.
Similarly, it revealed that women in London had the highest expectations wanting their rings to cost an average of £2,347.83.
But they should prepare for disappointmentas the survey showed the average London man is willing to spend only £1,501.91.