The cost of a 1 carat diamond varies from as low as $2,500.00 to as much as $16,000.00
I carat diamonds are pretty rare and that's one reason the 1 carat diamond is pretty expensive.
The cost of a 1 carat diamond also depends on factors such as the Cut quality, Clarity, Color and Shape of the 1 carat diamond and who you buy it from.
But expect to spend at least $2,500.00 before taxes on just one 1 carat diamond as they are expensive and not cheap no matter the quality.
The higher quality of the 1 carat diamond you want the more money you'll spend on the 1 carat diamond.
Some people spend around 3 months salary on wedding rings and even engagement rings and diamonds.