Are Lab-Grown Diamonds Cheaper?

Article by Bailey

Q: Are Lab-Grown Diamonds cheaper? 

A: Absolutely! Lab-grown diamonds can range anywhere from 10% to 40% less expensive than their earth-mined diamond equivalents, depending upon the size and qualities you select. In the comparison video below, for example, a 1.51 carat Lab-Grown Diamond is priced at $6,636 compared to a 1.11 carat earth-mined diamond priced at approx. $6,460, both with the exact same cut, color and clarity grades. Which one would you choose? Not only is the price significantly less, you actually get more for your money. If you're on a stricter budget for your engagement ring, you can be sure to maximize your spend by choosing a larger lab-grown diamond versus a smaller earth-mined diamond. 

As always, if you have any questions during your engagement ring purchasing, we are more than happy to assist! Contact us here and we'll help you find your perfect lab-grown diamond or help with crafting a completely custom engagement ring, just for you! 

Lab-Grown and Earth-Mined Diamond Comparison from MiaDonna® on Vimeo.