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5 carat diamond ring Buying Guide

Using our guide, figure out how to save a cool $186,003.
Take a look at this guide if you want to get the most out of your purchase of a 5-carat diamond ring. We will show you what is worth spending more money on and what is not, and we will give you tips on exactly where to purchase that desired ring, or perhaps even a better one.
Want to go straight to shopping?
Find the best deals on a 5-carat diamond ring from top online stores. Check out our carefully chosen selections by clicking on the links below. These links will lead you to the best prices for the finest diamonds.

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

Find the best bargain for a top-notch 5 carat diamond ring.

In the upcoming lessons, we will guide you on acquiring the largest and most dazzling 5 carat diamond ring without breaking the bank. We'll provide tips on maximizing your budget and help you steer clear of any deceitful practices by diamond companies.
Average Price
$91,967.86
Price Range
$25,420-$257,924
Our Max Savings
$186,003
Lessons 1-4  ∴  Save Money 
Lessons 4 & 5  ∶  Spend Money 
Lessons 6-8  ∴  Personalize & Decide 
⤫ 40% Cash Savings

Lesson 1

Buying Online

Buying diamond rings online is much more affordable. Retail stores may increase the price by 40% and often have a limited variety in stock.
$160,790 Cash Savings

Lesson 2

Clarity

Our clarity tips can assist you in reducing diamond ring expenses by 50%. We are dedicated to educating you on effective money-saving techniques.
$23,650 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

You can potentially save up to 85% on a 5 carat diamond ring by choosing lab-grown options, but it's important to remember that selling it later on might be challenging.
☺ Spend Money

Lesson 4

Carat Weight / Size

Since women tend to prefer bigger diamonds, it would be wise to allocate more of your budget towards that. We are here to assist you in maximizing the size of your diamond while finding ways to save money in other aspects.
☺ Spend Money

Lesson 5

Cut, Sparkle & Brilliance

The diamond's cut is the most important factor in its overall appearance. It's not the place to cut corners and save money, as it is what gives the diamond its sparkle and distinctive charm.
≔ Personalize

Lesson 6

Shapes

A diamond ring displays a unique appearance and sparkle in every shape. We will assist you in understanding how each shape presents itself and shines.
≔ Personalize

Lesson 7

Setting / Band

If you choose a band with just one diamond, it can save you money and make your diamond appear larger. However, personal preference also plays a role in making this decision.

Lesson 1 - Buy Online
Up to 40% savings here

Instantly lower the price of your 5 carat diamond ring online by up to 40%.

Choosing to purchase your jewelry online has numerous advantages over shopping at physical retail stores, particularly in terms of affordability, variety, and the opportunity for personalization. Online retailers such as Blue Nile and James Allen can offer diamonds at significantly lower prices compared to traditional brick-and-mortar stores, often up to 40% less, thanks to reduced operational expenses. Online platforms provide a wider range of options, allowing you to easily find the perfect diamond amidst a vast selection. Additionally, these websites offer more customization choices, enabling you to create a ring that perfectly aligns with your individual preferences and style. This combination of value and customization sets online jewelry shopping apart.

Click on the 'shop now' links provided below to begin creating the most affordable, high-quality 5 carat diamond ring!

If you're ready to start shopping right away, click on our links. They will take you to the top deals on high-quality diamonds from reputable online diamond companies.

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

When shopping for a 0.4 carat round diamond ring, the clarity of the diamond is the most important aspect to keep in mind regarding its price.

⊗ Up to $193,824 savings with these tips
Watch us save thousands of dollars by simply selecting the right clarity range.

What is Clarity?

Clarity is a word used to describe the imperfections in a diamond that can be seen. However, it's important to remember that these imperfections are usually only visible when you look at the diamond through a 10x magnifying glass. Diamond clarity ranges from "flawless" to "included". In between, you'll find classifications like VS1, VS2, and SI1. These diamonds may have imperfections that can only be seen with 10x magnification. To the naked eye, they look completely perfect, so nobody will be able to see any flaws when they admire your ring!

Optimal Clarity Range for a 5 carat diamond ring

Choosing a diamond in the VS2-SI1 clarity range can result in significant cost savings, with the potential of reducing the total price of your 5 carat diamond ring by as much as $193,824. For its excellent balance of price and clarity, we strongly advise considering a diamond in the VS2 category. However, it is important not to dismiss SI1 diamonds altogether. With just a few minutes spent browsing through the available options, you can easily find SI1 diamonds that appear virtually flawless.

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 - $283,716 This diamond is flawless, without any imperfections, but considering its price, it's quite extravagant. Savings - You could save $186,578 - $210,562 with a VS2, SI1, or SI2 diamond
‹ drag left or right ›

IF - Internally Flawless

Cost - $257,924 The diamond is flawless on the inside, meaning it has no internal flaws, but it may have some imperfections on the outside. This is also a bit excessive. Savings - You could save $160,786 - $184,770 with a VS2, SI1, or SI2 diamond
‹ drag left or right ›

VVS1

Cost - $257,924 This diamond is almost perfect, but when you take into account the cost, it's still excessively expensive. Savings - You could save $160,786 - $184,770 with a VS2, SI1, or SI2 diamond
‹ drag left or right ›

VVS2

Cost - $153,563 These diamonds are really beautiful, but we recommend opting for a lower clarity option since our eyes can't tell the difference. Savings - You could save $56,425 - $80,409 with a VS2, SI1, or SI2 diamond
‹ drag left or right ›

VS1 - Very Slightly Included

Cost - $108,701 If you happen to come across a really good offer for a VS1, that's definitely a bonus. However, if you're looking for the best combination of price and quality, it would be wise to consider one of the clarity levels that follow. Savings - You could save $11,563 - $35,547 with a VS2, SI1, or SI2 diamond

‹ drag left or right ›

VS2 - Very Slightly Included

Cost: $97,138 Total Savings: $11,563 - $160,786 If you want to make the most of your money, this diamond clarity is unbeatable. These diamonds appear flawless to the naked eye as any imperfections are completely invisible.
‹ drag left or right ›

SI1 - Slightly Included

Cost: $89,892 Total Savings: $18,809 - $168,032 This diamond clarity is the best offer available. Please remember that not all SI1 diamonds have the same appearance. Although some may not be the finest, many are incredibly breathtaking and could easily be confused with a VS2.

Lesson 3 - Color

The color of a diamond is another important factor in deciding the price of a 5-carat diamond ring.

⊗ Up to $33,454 savings with these tips
Watch us save thousands by purchasing diamonds in the right range

What is Color?

Diamonds can have a yellow tint or be totally colorless. The GIA grades them from D (colorless) to Z (yellow or brown). Most diamonds used in jewelry are in the G-H range, which means they have a slight color. You can only see this color if you compare them to higher-grade diamonds like D, E, or F. While color differences are more noticeable in larger diamonds, a diamond in the G-H range will still appear almost colorless and will be cheaper than completely colorless diamonds like those with a D-grade.

Optimal Color Range For A 5 Carat Diamond Ring

Choosing the right color grade for a 5 carat diamond ring can result in substantial savings. Rather than paying premium prices for D-F graded diamonds, consider selecting a diamond in the G-J range. This choice can still yield a stunning piece while saving you as much as $33,454 in addition to any savings from making savvy decisions regarding clarity.
Clearest Color
Best Value
Sometimes Ok
D
E
F
G
H
I
J
< drag left or right >

D color

Cost - $107,870 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 $18,275 - $23,651 with a G or H colored diamond
‹ drag left or right ›

E color

Cost - $101,398 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 $11,803 - $17,178 with a G or H colored diamond
‹ drag left or right ›

F color

Cost - $95,314 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 $5,719 - $11,095 with a G or H colored diamond
‹ drag left or right ›

G color

Cost - $89,595 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 $5,376 with an H colored diamond
‹ drag left or right ›

H color

Cost - $84,220 Total Savings: $5,376 - $23,651 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 - $79,167 Total Savings: $10,429 - $28,704 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 - $74,417 Total Savings: $15,179 - $33,454 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.

Discover how selecting a lab grown diamond can help you save a staggering $87,300 on your 5 carat ring.

Lab-grown diamonds, also called lab-created diamonds, possess an indistinguishable look from genuine diamonds but are manufactured in a more environmentally friendly and morally conscious process. Additionally, they offer a greater affordability owing to their increased accessibility compared to natural diamonds. In fact, a lab-grown diamond can be up to 85% cheaper than a similar natural diamond.

If you have to sell your 5 carat diamond ring, choosing a lab-grown diamond can help minimize your financial loss.

Choosing the right color grade for a 5 carat diamond ring can result in substantial savings. Rather than paying premium prices for D-F graded diamonds, consider selecting a diamond in the G-J range. This choice can still yield a stunning piece while saving you as much as $33,454 in addition to any savings from making savvy decisions regarding clarity.
Explore Lab Grown 

Lesson 5 - Carat / Size

When shopping for your diamond ring, make sure to prioritize your budget towards carat weight.

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. 

If you're looking for a 5 carat diamond ring, consider choosing from this range of carat sizes.

You should check out diamonds that range from 4.5 to 5.5 carats. This will give you a good sense of the price range without a significant difference 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 carat 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 you're on the hunt for the most beautiful 5 carat diamond ring, keep in mind that the way it's cut plays a big role in how it sparkles and shines. The cut refers to how precisely and perfectly the angles of the diamond are crafted.

A hidden truth within the diamond industry

The idea that a diamond cut to perfection, aiming for maximum sparkle, would automatically be the most expensive option isn't always true. It's possible for a diamond with a "Fair" cut, while having the same carat, color, and clarity, to actually be more costly. This might seem unexpected, but it happens because diamonds that are poorly cut may appear bigger in size but lack the dazzling sparkle and brilliance. A diamond without that sparkle is like a painting without its vibrant colors.

Keep this in mind: go for GIA Certified Excellent Cut Diamonds (sometimes referred to 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 carat diamond ring.

What is Diamond Shape?

When we mention the diamond shape, we are talking about the different styles of the diamond, such as round, oval, or other styles. There are plenty of shapes to choose from, each with its own unique features. Some shapes have a way of making the diamond look larger, while others add an extra touch of sparkle and give a classic, timeless appearance. Be sure to explore our shape tool in this section, where you can find an assortment of 5 carat diamond rings in multiple shapes to browse through.

What shape to choose?

Different diamond shapes can create the impression of being bigger, and some shapes are trendy at the moment. However, the main thing to focus on when making your choice is what makes you the happiest. If you're not sure, you might want to look into the brilliant cut diamond, which includes shapes like Round, Marquise, Princess, Cushion, Oval, Pear, and Radiant. Among these options, Round diamonds are the most popular, but Oval and Marquise shapes can make the diamond look bigger even if it has the same carat weight.
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 way the band looks can have a big effect on how attractive a 5 carat diamond ring appears.

What is setting?

The shiny part of a diamond ring, also known as the band, is called the setting. Usually, it's made of gold and comes in different colors like white, yellow, or rose gold. Another option could be a platinum band. The setting plays a big role in how your 5 carat diamond ring looks. It allows you to show off your personal style. In this article, we've listed the three most popular settings right now. No matter which one you pick, it's best to go with 14k gold. As you keep reading, you'll find out why.
The setting or band is really important for making your diamond look bigger and better. 

Ensure that your band is made of 14K gold.

Here's a crucial rule to follow. Avoid choosing 18k or 24k gold for your setting. It's better to opt for 14k gold. Despite 18k and 24k gold being more pure, they are considerably softer and prone to bending. If the setting that secures your valuable diamond bends excessively, the chance of the diamond becoming loose and falling out rises significantly. Numerous individuals have faced this issue.

Solitaire - A Great Band for a Flashier Diamond Presentation

Survey data indicates that a large diamond is a common desire among women. To visually enhance the size of a 5 carat diamond ring, you could consider a Solitaire setting with a slender, elegant band. The disparity between the slim band and the large diamond can create the illusion of a bigger gem. Further enhance this by incorporating petite accent diamonds along the band—they add a touch of elegance without detracting from the main diamond.

Halo: Enhance the Appearance of Your Diamond with Smaller Stones Around It

A halo setting is a fantastic option to give the appearance of a larger 5 carat diamond ring. This setting incorporates smaller diamonds that encircle the main stone, producing a beautiful glow that enhances the size of the central diamond. If you desire an even more impressive effect, you might want to consider a double halo setting. When paired with a thin band, this kind of setting can create the illusion of a larger diamond, resulting in a truly remarkable piece.

Ensure that the main diamond remains the center of attention.

A lot of women like their diamond to appear big. If your ring's band is overly decorative or wide, it may draw attention away from the diamond, causing it to appear smaller. If the most important aspect for you is the 5 carat diamond ring itself, then a simpler band would be your best choice. On the other hand, if the overall design of the ring is your main priority, then a more intricate band might be perfect for you. However, keep in mind that this could take away from the diamond's visibility.

Build a Custom 5 carat diamond ring Starting with Our Curated Diamond Selections For The Best Deals

Creating a personalized piece of jewelry is an extraordinary journey, allowing you to design a unique item that truly reflects your individuality and taste, all while being more affordable compared to retail prices. With renowned companies like Brilliant Earth, James Allen, and Blue Nile, you have the chance to customize every detail of your ring, including the diamond's shape and the style of the band.
Start Building
Watch us take you through the entire building process on our favorite websites.

Buy with confidence online from one of our reliable partners. Each link ensures the best value for your diamond ring.

We have rated each company and designed the Shop Now links to direct you to the lowest priced and highest quality diamonds. Our filters are applied to each website to help you find the best deals on your desired item. Take advantage of a wide selection, customized rings, and excellent 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 carat diamond ring worth?

A 5 carat diamond ring is worth an average price of $92,000, with a price range of $25,420 to $257,924.

How big is a 5 carat diamond ring?

A 5 carat diamond ring has a diameter of approximately 11.1mm. This size is noticeably larger than a 4.5 carat diamond ring, which has a diameter of around 10.6mm. However, when compared to a 5.5 carat diamond ring, the difference in size is not very significant, as the 5.5 carat diamond ring has a diameter of approximately 11.6mm.

What does a 5 carat diamond ring look like like on a hand?

A 5-carat diamond ring is quite large and eye-catching on a hand. It has a round-cut shape with a width of approximately 10.5mm, which occupies around 62.1% or slightly over half of the finger's width.

What is the price of a 5 carat diamond ring?

The price of a 5 carat diamond ring can range from $25,420 to $257,924.

Is a 5 carat diamond ring good enough?

Yes, a 5 carat diamond ring is considered to be of high quality and desirable. The larger size of the diamond makes it more visually striking and impressive. However, it is important to also consider other factors such as the cut, clarity, and craftsmanship of the diamond ring to ensure its overall beauty and value.

Is a 5 carat diamond ring big?

Yes, a 5 carat diamond ring is considered big. The average carat weight for a diamond engagement ring is about 1.2 carats, so a 5 carat diamond is significantly larger. A 5 carat diamond is highly noticeable and eye-catching. It is considered a statement piece and is not commonly seen. The size of a 5 carat diamond ring may require special consideration and adjustments to ensure it fits comfortably on your finger.

What does a 5 carat diamond ring weigh?

A 5 carat diamond ring weighs 1 grams.

Should I get a 5 carat diamond ring?

A 5 carat diamond ring is a luxurious choice because of its impressive size, which will make it stand out on your finger. Its rarity and value also add to its appeal, making it a stunning piece of jewelry.

Is a 5 carat diamond ring too big?

A 5 carat diamond ring is considered large, but it ultimately depends on personal preference. Some people may find it to be a stunning and luxurious choice, while others may prefer a smaller size.

Is a 5 carat diamond ring small?

A 5 carat diamond ring is considered large in terms of carat weight. However, the actual size of the diamond will also depend on the cut, shape, and setting of the ring.
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