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5.5 carat princess cut diamond ring Buying Guide

Save $226,104 with our handy guide.
We have made this guide specifically for those who want to get the best value for their money when buying a 5.5 carat princess cut diamond ring. We will provide advice on what is worth investing more in and what is not necessary. We will also reveal where you can find that dream ring or maybe even an upgraded version.
Want to start buying now instead of learning first?
We have compiled a list of the top deals on 5.5 carat princess cut diamond rings from trustworthy online stores. Take a look at our carefully selected options by clicking on the links below.

Diamond Price Guide Overview
8 buying lessons - 5-10 min total read time

Grab the lowest price for a luxury 5.5 carat princess cut diamond ring.

In the upcoming lessons, we will guide you on saving money while attaining a stunning 5.5 carat princess cut diamond ring. Our aim is to help you make the most of your budget without falling prey to deceptive practices within the diamond industry.
Average Price
$144,349.14
Price Range
$41,590-$495,404
Our Max Savings
$226,104
Lessons 1-4  ∴  Save Money 
Lessons 4 & 5  ∶  Spend Money 
Lessons 6-8  ∴  Personalize & Decide 
⤫ 40% Cash Savings

Lesson 1

Buying Online

You can save a lot of money by purchasing diamond rings online. Physical stores often charge up to 40% extra and have a limited variety to choose from.
$179,470 Cash Savings

Lesson 2

Clarity

You can save up to 50% on diamond rings with our clarity tips. Our goal is to help you save money by providing guidance on making smart choices.
$14,950 Cash Savings

Lesson 3

Color

The color of a diamond is a significant factor in determining its price. We will provide you with guidance on how to use this to your advantage and save a substantial amount.
⤫ 85% Cash Savings

Lesson 8

Lab Grown

Choosing a lab-grown diamond could save you a whopping 85% on a 5.5 carat princess cut diamond ring, but selling it later might be difficult.
☺ Spend Money

Lesson 4

Carat Weight / Size

Because women tend to favor diamonds that appear bigger, it makes sense to invest in larger ones. We are here to assist you in maximizing the diamond's size while finding ways to save in other areas.
☺ Spend Money

Lesson 5

Cut, Sparkle & Brilliance

The way a diamond is cut is extremely important for its overall appearance. It's crucial not to compromise on this aspect, as it's what gives the diamond its sparkle and brilliance.
≔ Personalize

Lesson 6

Shapes

The appearance of a diamond ring varies depending on its shape. We will walk you through the unique characteristics and sparkle of each shape.
≔ Personalize

Lesson 7

Setting / Band

Opting for a solitaire ring can help you save some cash and enhance the visibility of your diamond. However, it's important to consider that personal preferences also play a role in making this decision.

Lesson 1 - Buy Online
Up to 40% savings here

Buy your 5.5 carat princess cut diamond ring online and save up to 40% on your bill.

Purchasing jewelry online has many benefits compared to shopping at physical stores. One major advantage is the cost, selection, and customization options available. Online platforms like Blue Nile and James Allen can offer diamonds at much lower prices compared to traditional retailers, often up to 40% cheaper. This is because they don't have the same expenses associated with maintaining physical stores. When it comes to finding the perfect diamond, online diamond ring companies provide a wider range of choices. You can browse through a vast array of options to find exactly what you're looking for. Additionally, these companies offer more customization options, allowing you to create a ring that matches your specific vision. This level of customization adds value and personalization to your purchase.

Use the 'shop now' links below to begin designing a 5.5 carat princess cut diamond ring that offers great value at an affordable price!

If you're in a rush and eager to begin shopping, our links will take you straight to the top deals on high-quality diamonds from the most trusted online diamond stores.

Our Money Saving Links

Watch us compare pricing with retail stores and our favorite online brands

Ease of Use
Pricing
Selection
Customer Service
Best overall experience, great selection, 24/7 customer support
Ease of Use
Pricing
Selection
Customer Service
Another excellent website for very well priced diamond rings.
Ease of Use
Pricing
Selection
Customer Service
They focus on ethically sourced diamonds. Best option for karma free rings
Ease of Use
Pricing
Selection
Customer Service
They focus on ethically sourced diamonds. Best option for karma free rings
Ease of Use
Pricing
Selection
Customer Service
Mostly here to show you how retail companies are not high quality. 

Lesson 2 - Clarity

If you're in the market for a 0.6 carat marquise diamond ring, remember that the diamond's clarity is the biggest factor in determining its price.

⊗ Up to $299,832 savings with these tips
Watch us save thousands of dollars by simply selecting the right clarity range.

What is Clarity?

In America, clarity refers to the presence of noticeable flaws in a diamond. But it's important to note that these flaws are usually only visible when using a 10x magnifying glass. Diamond clarity is categorized from 'flawless' to 'included'. In between, there are classifications like VS1, VS2, and SI1. These diamonds may have flaws that can only be seen with 10x magnification. To the naked eye, they look completely clear, so nobody will notice any imperfections when they admire your ring!

Optimal Clarity Range for a 5.5 carat princess cut diamond ring

Choosing a diamond in the VS2-SI1 clarity range for your 5.5 carat princess cut diamond ring can result in substantial savings, potentially reducing the total price by up to $299,832. Considering the price and clarity, we strongly suggest opting for a VS2 diamond. However, it is crucial not to disregard SI1 diamonds - with just a few minutes of searching, you can discover ones that have an almost flawless appearance.

One more important tip! Always avoid "cloudy"

This one is simple. Always avoid cloudy diamonds found in the GIA certificate. This is the one flaw that really matters for brilliance. 
☆ These diamonds have identical carat, cut, & color 
Not Recommended
Go with this clarity
FL
IF
VVS1
VVS2
VS1
VS2
SI1
‹ drag left or right ›

FL - Flawless

Cost - $356,642 This diamond is completely flawless, without any imperfections, but considering its price, it seems a little too expensive. Savings - You could save $211,891 - $287,159 with a VS2, SI1, or SI2 diamond
‹ drag left or right ›

IF - Internally Flawless

Cost - $324,220 The diamond has no flaws inside, which means it has no imperfections inside it. However, there might be some marks or scratches on the outside. This also seems like too much. Savings - You could save $179,469 - $254,737 with a VS2, SI1, or SI2 diamond
‹ drag left or right ›

VVS1

Cost - $308,009 This diamond is almost flawless, but considering its price, it's still excessive. Savings - You could save $163,258 - $238,526 with a VS2, SI1, or SI2 diamond
‹ drag left or right ›

VVS2

Cost - $292,609 These diamonds are really impressive and the prices are more reasonable, but we still recommend choosing a diamond with a lower clarity. Savings - You could save $147,858 - $223,126 with a VS2, SI1, or SI2 diamond
‹ drag left or right ›

VS1 - Very Slightly Included

Cost - $123,534 If you come across an amazing deal on a VS1 diamond, that's really great. However, the upcoming clarity grades are known to offer the best combination of affordability and value. Savings - You could save $-21,217 - $54,051 with a VS2, SI1, or SI2 diamond

‹ drag left or right ›

VS2 - Very Slightly Included

Cost: $144,751 Total Savings: $-21,217 - $179,469 When it comes to finding the perfect diamond within your budget, this clarity is a winner. Most of these diamonds will look flawless to you because any imperfections are not visible.
‹ drag left or right ›

SI1 - Slightly Included

Cost: $56,810 Total Savings: $66,724 - $267,410 This diamond clarity is the best option available at this price. However, not all SI1 diamonds are the same. While some may not match your standards, many are truly stunning and closely resemble a VS2.

Lesson 3 - Color

The color of the diamond has a big impact on the price of a 5.5 carat princess cut diamond ring.

⊗ Up to $21,142 savings with these tips
Watch us save thousands by purchasing diamonds in the right range

What is Color?

Diamonds can have a yellowish tint or no color. The Gemological Institute of America (GIA) ranks diamond color from D (colorless) to Z (yellow or brown). Most jewelry diamonds have minimal color and fall in the G-H range. Only when compared to higher-ranked diamonds like D, E, or F, can you detect slight traces of color. Although color is more noticeable in larger diamonds, those in the G-H range still appear almost colorless and are less costly than completely colorless diamonds like those with a D-grade.

Optimal Color Range For A 5.5 Carat Princess Cut Diamond Ring

When considering a 5.5 carat princess cut diamond ring, it is important to select the appropriate color grade to maximize savings. Rather than opting for premium prices attached to D-F graded diamonds, one should consider choosing a diamond within the G-J range. By making this decision, not only can you still acquire a breathtaking piece, but you could potentially save as much as $21,142, in addition to any savings achieved through wise clarity choices.
Clearest Color
Best Value
Sometimes Ok
D
E
F
G
H
I
J
< drag left or right >

D color

Cost - $68,172 This diamond is colorless, meaning it has no hints of yellow, you can find these at a good price, but it is not as common. Savings - You could save $11,549 - $14,947 with a G or H colored diamond
‹ drag left or right ›

E color

Cost - $64,082 An E color diamond is a rare, colorless gem of exceptional beauty and value. You can sometimes find them at a great price. Savings - You could save $7,459 - $10,856 with a G or H colored diamond
‹ drag left or right ›

F color

Cost - $60,237 These are near-colorless with only slight traces of color, making it an attractive choice. You'd really have to look closely to figure it out Savings - You could save $3,614 - $7,012 with a G or H colored diamond
‹ drag left or right ›

G color

Cost - $56,623 These are near-colorless with only slight traces of color, making it an attractive choice for it's quality and price. You'd really have to look closely to notice any color Savings - You could save $3,397 with an H colored diamond
‹ drag left or right ›

H color

Cost - $53,225 Total Savings: $3,397 - $14,947 These are near-colorless with only slightly more noticable hint of color, further making it an attractive choice for it's quality and price. You'd need to have a trained eye to see the color flaw in this one without having a colorless diamond next to it.
‹ drag left or right ›

I color

Cost - $50,032 Total Savings: $6,591 - $18,140 These begin to have a bit more noticable hint of color especially when next to colorless diamonds. These still have unnoticable color if placed on a solitaire ring, but we do not recommend these on a halo ring.
‹ drag left or right ›

J color

Cost - $47,030 Total Savings: $9,593 - $21,142 These also have a slightly more noticable hint of color especially when next to colorless diamonds. These still have unnoticable color if placed on a solitaire ring, but we do not recommend these on a halo ring.

Lab Grown Diamonds

Lab grown diamonds can often cut prices in half and no one will ever notice the difference. 

Lesson 4 - Lab Grown
Save up to 85% on your diamond ring.

Save over $137,800 on your 5.5 carat princess cut diamond ring by opting for a lab grown diamond.

Lab-grown diamonds are highly sought after due to their indistinguishable resemblance to natural diamonds, even though they are produced artificially. In addition, they are crafted in a way that is both environmentally and morally responsible. Furthermore, lab-grown diamonds are considerably more budget-friendly, with prices up to 85% lower compared to their naturally formed counterparts.

If you ever find yourself needing to sell your 5.5 carat princess cut diamond ring, choosing a lab-grown diamond can help minimize your financial loss.

When considering a 5.5 carat princess cut diamond ring, it is important to select the appropriate color grade to maximize savings. Rather than opting for premium prices attached to D-F graded diamonds, one should consider choosing a diamond within the G-J range. By making this decision, not only can you still acquire a breathtaking piece, but you could potentially save as much as $21,142, in addition to any savings achieved through wise clarity choices.
Explore Lab Grown 

Lesson 5 - Carat / Size

Focus your money on carat weight when you are shopping for a diamond ring.

Why is Carat Important?

When you imagine a diamond ring, what do you picture? That's correct - the size of the main diamond. Women also prioritize size, so if you're unsure where to invest your money, we advise focusing on carat weight - it's the ultimate size determinant in the diamond industry.
Watch us compare sizes and help you visualize what you want. 

Choose the Carat Range for your 5.5 carat princess cut diamond ring while shopping.

You should check out diamonds that range from 4.95 to 6.05 carats. This will give you a good sense of the price differences without a significant variation in size.
Hand Diamond

1 carat

Explore More Diamond Weights

Lesson 6 - Cut

The cut of a diamond is what gives it that special sparkle. When buying your 5.5 carat princess cut diamond ring, make sure to choose an ideal or excellent cut.

Find out why cut makes diamonds sparkle and why you want ideal or excellent cut diamonds.

What is Cut?

When searching for a stunning princess cut diamond ring that weighs 5.5 carats, it's important to take into account the diamond's cut. The cut determines how precisely and flawlessly the facets of the diamond have been shaped, ultimately affecting its overall shine and splendor.

A little-known secret within the world of diamonds.

Sometimes, people think that the fanciest cut diamond, perfectly proportioned to shine the brightest, would cost the most money. But that's not always true. Believe it or not, there are times when a diamond with an average cut, but with the same weight, color, and clarity, can be sold for a higher price. It may sound strange, but poorly cut diamonds can actually look bigger, yet they lack that special sparkle and brilliance. And let's face it, a diamond without sparkle is like having a computer without a screen.

One last thing to keep in mind: go for GIA Certified Excellent Cut Diamonds (also known as "Ideal" Cut).


Never Buy These
Definitely Buy These
Fair
Good
Very Good
Ideal
Excellent
‹ drag for sparkle ›

Fair Cut Diamond

Look at that dull sparkle... not much to write home about. Stay away from these.
‹ drag for sparkle ›

Good Cut

Still pretty bland in the sparkle area... stay away from these. 
‹ drag for sparkle ›

Very Good Cut

Getting better, but you don't save much money to  
‹ drag for sparkle ›

Ideal Cut

The is as low as you should go
‹ drag for sparkle ›

Excellent Cut

Blue Nile calls it Astor, James Allen calls it True Hearts, and Brilliant Earth calls it Truly Brilliant. 

Regardless, excellent cut diamonds have incredible sparkle.

Lesson 7 - Shape

The sparkliness of diamonds varies depending on their shape, and some shapes can add to the perceived value of a 5.5 carat princess cut diamond ring.

What is Diamond Shape?

The diamond shape refers to the overall style of the diamond. You can find a variety of shapes, such as round, oval, princess, and many more. The different shapes have their own unique qualities: some can create the illusion of a larger size, some have a more dazzling sparkle, and some are considered timeless classics. To explore and compare different 5.5 carat diamond rings with various shapes, you can utilize our shape tool in this section.

What shape to choose?

Sure, some diamond shapes can make the stone look bigger, and some shapes are popular right now. But remember, what really counts is what makes you the happiest. If you're not sure, a brilliant cut diamond, such as Round, Marquise, Princess, Cushion, Oval, Pear, and Radiant shapes, might be your best bet. Out of these, Round diamonds are the most popular, while Oval and Marquise shapes can give the impression of a larger diamond without weighing more.
Watch us compare shapes so you can see exactly what style you prefer. 

Explore other diamond shapes

Try out different diamonds

Hand Diamond
Round
Marquise
Princess
Emerald
Cushion
Oval
Pear
Asscher
Radiant
Heart

Lesson 8 - Setting

The appearance of a 5.5 carat princess cut diamond ring can vary significantly depending on the brand.

What is setting?

The part of a diamond ring that holds the stone is called the setting. It is usually made of gold in different colors like white, yellow, or rose. Another option is to choose a platinum setting. The setting is important in determining the overall appearance of your 5.5 carat diamond ring with a princess cut. It allows you to showcase your personal style. Below, we have described the three most commonly chosen settings. Regardless of your preference, it is recommended to go with 14k gold. Continue reading to find out why.
The setting or band is really important for making your diamond look bigger and better. 

Try to get a 14K gold band for your ring.

It's really important to keep this rule in mind. Avoid going for 18k or 24k gold for your setting. The smarter option is 14k gold. Even though 18k and 24k gold might be purer, they are much softer and can bend easily. If the setting meant to safeguard your valuable diamond bends, there's a much higher chance of your diamond falling out. Many people have faced this problem.

Solitaire Setting - A Slim Band Accentuates the Look of a Larger Diamond

Based on survey data, many women aspire to have a large diamond. To maximize the apparent size of a 5.5 carat princess cut diamond ring, consider a Solitaire setting with a slim, refined band. The contrast of the smaller band with the larger diamond can make the stone appear larger. To augment this effect, look for settings that feature small accent diamonds along the band. They'll add a tasteful embellishment without taking attention away from the main diamond.

Halo: Boost Your Diamond's Volume with Many Small Gems

To make your 5.5 carat princess cut diamond ring look even more stunning, you might want to think about using a halo setting. This technique involves using smaller diamonds to encircle the main stone, making it shine even brighter and appear bigger. If you want to take this effect to the next level, consider a double halo setting. When combined with a slim band, this setting can create the illusion of a larger diamond, making the whole ring look even more luxurious.

The main diamond needs to stay the focal point.

A lot of ladies are attracted to a diamond that looks large. If the band of the ring is too fancy or wide, it might take away the focus from the diamond and make it seem smaller. If you want to make your 5.5 carat princess cut diamond ring stand out, think about choosing a simple band that won't overshadow it. On the other hand, if the overall design of the ring is what appeals to you more, a band with intricate details could match your style, but keep in mind that this might diminish the diamond's main role.

Build a Custom 5.5 carat princess cut diamond ring Starting with Our Curated Diamond Selections For The Best Deals

Creating your own custom jewelry is a one-of-a-kind project that allows you to design a piece that truly reflects your personal style and character. What's even better is that it's more affordable than buying from a store. With top brands like Brilliant Earth, James Allen, and Blue Nile at your disposal, you have the ability to customize every aspect of your ring, such as the diamond's shape and the style of the band.
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Watch us take you through the entire building process on our favorite websites.

Buy your diamond ring online from one of our trustworthy partners. Each link ensures you get the best possible value.

We have evaluated each company and the Shop Now links are arranged to offer you the best prices for high-quality diamonds. Specifically, these links are designed with specific preferences on each website to display the greatest deals for your needs. You will be able to choose from a wide range of options, including personalized rings, and enjoy outstanding customer support.

Our Money Saving Links

Watch us compare pricing with retail stores and our favorite online brands

Ease of Use
Pricing
Selection
Customer Service
Best overall experience, great selection, 24/7 customer support
Ease of Use
Pricing
Selection
Customer Service
Another excellent website for very well priced diamond rings.
Ease of Use
Pricing
Selection
Customer Service
They focus on ethically sourced diamonds. Best option for karma free rings
Ease of Use
Pricing
Selection
Customer Service
They focus on ethically sourced diamonds. Best option for karma free rings
Ease of Use
Pricing
Selection
Customer Service
Mostly here to show you how retail companies are not high quality. 

Virtual Appointment

Let us help you get help by the industry leaders. When you click the button below we will help you choose where to set up your appointment.
Book Appointment

Frequently Asked

Did you want to know even more? Wow you're a great student!

How much is a 5.5 carat princess cut diamond ring worth?

A 5.5 carat princess cut diamond ring is worth an average price of $144,300. The price range for such rings can vary from $41,590 to $495,404.

How big is a 5.5 carat princess cut diamond ring?

A 5.5 carat princess cut diamond ring has a size of approximately 11.2mm in diameter. This makes it appear noticeably larger than a 5 carat princess cut diamond ring, which has a diameter of around 10.8mm. In comparison to a 6 carat princess cut diamond ring, the difference is not significant, as the 6ct diamond has a diameter of approximately 11.6mm.

What does a 5.5 carat princess cut diamond ring look like like on a hand?

A 5.5 carat princess cut diamond ring on a hand is visually striking and luxurious. The princess cut, known for its square shape and brilliant faceting, enhances the diamond's sparkle and brilliance. The width of a 5.5 carat princess cut diamond is approximately 10.5mm, making it a substantial and eye-catching centerpiece on the finger. Its size and elegance make it a highly desirable choice for those seeking a statement piece of jewelry.

What is the price of a 5.5 carat princess cut diamond ring?

The price of a 5.5 carat princess cut diamond ring falls within the range of $41,590 to $495,404.

Is a 5.5 carat princess cut diamond ring good enough?

Yes, a 5.5 carat princess cut diamond ring can be considered good enough. The princess cut is a popular choice for its brilliant sparkle and modern appeal. The larger carat weight of 5.5 adds to the overall size and presence of the diamond, making it an impressive choice for those seeking a bold and eye-catching ring.

Is a 5.5 carat princess cut diamond ring big?

Yes, a 5.5 carat princess cut diamond ring is considered big. The average carat weight for a diamond engagement ring is about 1.2 carats, so a 5.5 carat diamond is significantly larger. A 5.5 carat diamond is highly noticeable and eye-catching. It is considered a substantial size and may be more difficult to find and afford compared to smaller carat weights.

What does a 5.5 carat princess cut diamond ring weigh?

A 5.5 carat princess cut diamond ring weighs 1.1 grams.

Should I get a 5.5 carat princess cut diamond ring?

A 5.5 carat princess cut diamond ring is an excellent choice because of its impressive size, elegant cut, and timeless appeal.

Is a 5.5 carat princess cut diamond ring too big?

A 5.5 carat princess cut diamond ring is considered large. It is larger than the average center diamond size.

Is a 5.5 carat princess cut diamond ring small?

A 5.5 carat princess cut diamond ring is considered large. The carat weight refers to the size of the diamond, and a 5.5 carat diamond is generally considered to be on the larger side. However, it's important to note that the perceived size of the diamond can also be influenced by factors such as the cut and shape of the diamond, as well as the size of the wearer's finger.
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