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5 carat princess cut diamond ring Buying Guide

Let our guide show you how to save a whopping $186,003.
Take a look at this guide if you want to get the most out of your purchase of a 5 carat princess cut diamond ring. We'll show you what's worth spending money on and what's not, and we'll let you know exactly where to buy that dream ring or maybe even a better one.
Would you rather buy now and skip the lessons?
We have looked through and chosen the best deals on 5 carat princess cut diamond rings from the top online stores. You can find the links to our selected options below.

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

Snag the best price on a high-quality 5 carat princess cut diamond ring.

In the upcoming lessons, we'll show you how to save money while still making the most out of your 5 carat princess cut diamond ring. Additionally, we'll provide tips to help you steer clear of any dishonest practices from diamond companies.
Average Price
$86,121.20
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

Purchasing diamond rings online can help you save a significant amount of money. In brick-and-mortar stores, you might end up paying up to 40% more, and they usually have limited options to choose from.
$205,140 Cash Savings

Lesson 2

Clarity

Our tips on clarity can help you cut diamond ring prices in half. We're here to assist you in saving a substantial amount.
$13,190 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 save a significant 85% on a 5 carat princess cut diamond ring by choosing lab-grown alternatives. However, selling it later may not be practical.
☺ Spend Money

Lesson 4

Carat Weight / Size

Since women tend to prefer diamonds that appear larger, it's wise to spend more of your budget on that aspect. We're here to assist you in maximizing the size while also saving money in other aspects.
☺ Spend Money

Lesson 5

Cut, Sparkle & Brilliance

The diamond's cut plays a significant role in its overall appearance. It's important not to compromise on this aspect since it's what gives the diamond its sparkle and makes it truly noticeable.
≔ Personalize

Lesson 6

Shapes

Each shape of a diamond ring has its own distinct appearance and sparkle. We are here to assist you in understanding the characteristics and brilliance of each shape.
≔ Personalize

Lesson 7

Setting / Band

A solitaire ring can help you save money and make your diamond appear bigger. However, it's important to consider personal preference when making this decision.

Lesson 1 - Buy Online
Up to 40% savings here

Order your 5-carat princess cut diamond ring online and save up to 40% instantly.

You should consider exploring online shopping for your engagement ring. Stores like Blue Nile and James Allen offer significant savings of up to 40% compared to traditional retail prices. But that's not all. Online shopping also provides a wider selection and the option to customize your ring according to your preferences.

To begin creating the most affordable and valuable 5 carat princess cut diamond ring, simply click the 'shop now' links below!

Are you ready to start shopping? Any of our links will take you to the best online diamond companies where you can find affordable, high-quality diamonds from trusted sources.

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

The cost of a 0.5 carat marquise diamond ring is greatly influenced by the clarity of the diamond.

⊗ Up to $233,575 savings with these tips
Watch us save thousands of dollars by simply selecting the right clarity range.

What is Clarity?

Diamond clarity is a term that describes how noticeable imperfections or blemishes are in a diamond. It's important to note that these flaws are typically only visible when using a 10x magnifying tool. The scale for diamond clarity goes from "flawless" (FL) to "included" (I), with categories like VS1 (Very Slightly Included), VS2, and SI1 (Slightly Included) falling in between. Diamonds with these grades usually have flaws that can only be seen under 10x magnification, making them practically perfect to the naked eye - a great feature for anyone admiring your ring!

Optimal Clarity Range for a 5 carat princess cut diamond ring

Choosing a diamond in the VS2-SI1 clarity range for your 5 carat princess cut diamond ring can result in significant savings, potentially reducing the total price by as much as $233,575. For the best balance of price and clarity, we highly recommend opting for a VS2 diamond. However, it is important not to disregard SI1 diamonds. With just a few minutes dedicated to examining different options, you can find SI1 diamonds that possess an appearance that is 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 $230,936 - $236,082 with a VS2, SI1, or SI2 diamond
‹ drag left or right ›

IF - Internally Flawless

Cost - $257,924 This diamond is completely flawless on the inside, which means it doesn't have any imperfections within. However, there might be some flaws on its surface. Overall, this is equally excessive. Savings - You could save $205,144 - $210,290 with a VS2, SI1, or SI2 diamond
‹ drag left or right ›

VVS1

Cost - $245,028 The diamond is nearly flawless, but considering its cost, it's still overly expensive. Savings - You could save $192,248 - $197,394 with a VS2, SI1, or SI2 diamond
‹ drag left or right ›

VVS2

Cost - $232,777 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 $179,997 - $185,143 with a VS2, SI1, or SI2 diamond
‹ drag left or right ›

VS1 - Very Slightly Included

Cost - $186,222 If you are able to find a good deal within this specific range of clarity, that's great. However, the following clarity grades are the perfect match in terms of price and value. Savings - You could save $133,442 - $138,588 with a VS2, SI1, or SI2 diamond

‹ drag left or right ›

VS2 - Very Slightly Included

Cost: $52,780 Total Savings: $133,442 - $205,144 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: $50,141 Total Savings: $136,081 - $207,783 You won't find a better deal on diamond clarity than this one. However, it's important to keep in mind that not all SI1 diamonds are identical in appearance. While some may not meet your specific preferences, many of them are truly breathtaking and could easily be mistaken for a higher quality diamond, like a VS2.

Lesson 3 - Color

The color of a diamond is a major factor in deciding the price of a 5 carat princess cut diamond ring.

⊗ Up to $18,660 savings with these tips
Watch us save thousands by purchasing diamonds in the right range

What is Color?

Diamonds can sometimes have a slight yellow tint or be completely colorless. The Gemological Institute of America (GIA) grades diamonds on a scale from D (colorless) to Z (yellow or brown). When it comes to jewelry, diamonds typically have a subtle hint of color and fall within the G-H range. You can only really notice these faint color differences when comparing them to higher grade diamonds like D, E, or F. The variation in color is more noticeable in larger diamonds. However, even a princess diamond in the G-H range will appear almost colorless and be more affordable than a completely colorless D-grade diamond.

Optimal Color Range For A 5 Carat Princess Cut Diamond Ring

Choosing the appropriate color grade for a 5 carat princess cut diamond ring can result in significant savings. Instead of paying exorbitant prices for diamonds graded D-F, it is advisable to opt for a diamond in the G-J range. By doing so, not only can you still obtain a breathtaking piece, but you can potentially save up to $18,660, in addition to any savings from making astute decisions regarding clarity.
Clearest Color
Best Value
Sometimes Ok
D
E
F
G
H
I
J
< drag left or right >

D color

Cost - $60,169 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 $10,194 - $13,192 with a G or H colored diamond
‹ drag left or right ›

E color

Cost - $56,559 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 $6,583 - $9,582 with a G or H colored diamond
‹ drag left or right ›

F color

Cost - $53,166 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 $3,190 - $6,188 with a G or H colored diamond
‹ drag left or right ›

G color

Cost - $49,976 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 $2,999 with an H colored diamond
‹ drag left or right ›

H color

Cost - $46,977 Total Savings: $2,999 - $13,192 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 - $44,158 Total Savings: $5,817 - $16,011 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 - $41,509 Total Savings: $8,467 - $18,660 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 up to $81,400 on your 5 carat princess cut diamond ring with the choice of a lab grown diamond.

Please rewrite the following using commonly used language in the United States without referring to any specific nationality or language, and always using the term lab-grown: Please rewrite the following using commonly used language in the United States without referring to any specific nationality or language, and always using the term lab-grown:

When it comes to selling your 5 carat princess cut diamond ring, choosing a lab grown diamond can help minimize your financial loss.

Choosing the appropriate color grade for a 5 carat princess cut diamond ring can result in significant savings. Instead of paying exorbitant prices for diamonds graded D-F, it is advisable to opt for a diamond in the G-J range. By doing so, not only can you still obtain a breathtaking piece, but you can potentially save up to $18,660, in addition to any savings from making astute decisions regarding clarity.
Explore Lab Grown 

Lesson 5 - Carat / Size

Focus on the carat weight as your primary consideration when shopping for a diamond ring.

Why is Carat Important?

Imagine a diamond ring. What's the most eye-catching aspect? Well, it's definitely the size of that dazzling diamond in the middle. When ladies are asked about their preferences, the number one priority is the size of the main diamond. Therefore, we recommend investing your budget in the carat weight, as it determines the diamond's size.
Watch us compare sizes and help you visualize what you want. 

Keep an eye out for this carat range when looking for a princess cut diamond engagement ring that is 5 carats in size.

It's a wise choice to consider diamonds in the 4.5 to 5.5 carat range. That way, you'll find a good selection of prices without having to go for a significantly bigger size.
Hand Diamond

1 carat

Explore More Diamond Weights

Lesson 6 - Cut

The sparkle of a diamond is determined by its cut. Ensure you opt for an ideal or excellent cut when purchasing your 5 carat princess cut diamond ring.

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

What is Cut?

When you're looking for a gorgeous 5 carat princess cut diamond ring, the way it's cut becomes really important. The cut determines how precise and perfect the diamond's angles are, and that affects how much sparkle and brilliance the ring will have.

The closely guarded secret within the diamond industry.

When it comes to diamond cuts, the 'Ideal' cut is often seen as the most valuable since it's designed to make the diamond shine the most with perfect proportions. But, you might be surprised to learn that sometimes a 'Fair' cut diamond, with the same carat, color, and clarity, could actually be pricier. Sounds weird, doesn't it? Well, that's because diamonds that are poorly cut might look bigger but they lack the sparkle and brilliance that you're looking for. A diamond without sparkle is basically like a boat without water.

Don't forget this important tip: always select GIA Certified Excellent Cut Diamonds (often 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 brilliance of diamonds is influenced by their shape, and specific shapes can contribute to the perceived value of a 5 carat princess cut diamond ring.

What is Diamond Shape?

The diamond shape showcases the unique style of the diamond, such as round, oval, or princess, among others. Different shapes can give the illusion of a bigger diamond or add more brilliance, resulting in a traditional and everlasting look. Explore our shape tool in this section to discover a wide range of 5 carat diamond rings flaunting numerous shapes.

What shape to choose?

Certain diamond shapes can create the impression of being bigger, and there are some shapes that are currently popular. However, what truly matters is what you personally find attractive and fulfilling. If you are unsure, a brilliant cut diamond encompassing Round, Marquise, Princess, Cushion, Oval, Pear, and Radiant shapes could be a fantastic option. Among these, Round is the most commonly preferred shape, but Oval and Marquise shapes can make the diamond seem larger even with 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 band can really change the appearance of a 5 carat princess cut diamond ring.

What is setting?

Commonly known as the ring's band, the setting is the metallic part of the diamond ring. Typically made of gold, it comes in various shades such as white, yellow, or rose gold. Another option could be a platinum band. The setting plays a crucial role in the overall attractiveness of your 5 carat princess cut diamond ring. This is where you can showcase your personal style preferences. Listed below are the top three settings we recommend. Regardless of the setting you choose, it is advisable to go with 14k gold. Keep reading to find out why this is the case.
The setting or band is really important for making your diamond look bigger and better. 

Ensure that your band is made of 14K gold.

Pay attention to this important rule. Do not choose 18k or 24k gold for your setting. Instead, rely on 14k gold. Even though 18k and 24k gold are more pure, they are very soft and flexible. If your band, which secures your valuable diamond, bends too easily, the chances of your diamond becoming loose and falling out increase. This is a problem that is commonly faced by many people.

Solitaire - A Thinner Band to Make the Diamond Look Larger

As per surveys, the majority of women desire a significantly large diamond. A setting with a thin, delicate Solitaire band could accentuate the size of a 5 carat princess cut diamond ring. The juxtaposition of the small band with the large diamond creates an illusion of a more expansive stone. Small accent diamonds embedded in the band can further this illusion, adding a touch of elegance without detracting from the primary diamond.

Halo: Make Your Diamond Look Bigger with a Bunch of Smaller Stones

If you want to make your 5 carat diamond ring with a princess cut look bigger, you might consider a halo setting. With this type of arrangement, smaller diamonds surround the main gem, making it shine brighter and appear larger. To enhance the effect even more, you can opt for a double halo setting. When paired with a thin band, this can create the illusion of a larger diamond, giving off a sense of luxurious extravagance.

The main diamond should be the focal point.

Many women desire their diamond to have a stunning look. A band that is overly ornate or wide could divert attention away from the diamond, making it appear smaller. If your main goal is to show off your 5 carat princess cut diamond ring, it would be wise to choose a more straightforward band that doesn't overshadow the stone. However, if the overall design of the ring is more important to you, a detailed band might be a great match, but keep in mind that it could diminish the diamond's exceptional quality.

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

Creating a one-of-a-kind item is a special journey that lets you shape a piece of jewelry that embodies your distinct style and personality. And the best part? It won't break the bank like buying from a physical store. With reputable online jewelers like Brilliant Earth, James Allen, and Blue Nile, you can tailor every element of your ring to your liking, from the diamond's shape to the band's design.
Start Building
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 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 princess cut diamond ring worth?

A 5 carat princess cut diamond ring is worth an average price of $86,100. The price range for such rings is typically between $25,420 and $257,924.

How big is a 5 carat princess cut diamond ring?

A 5 carat princess cut diamond ring has a size of approximately 10.5mm in diameter. This makes it visibly larger than a 4.5 carat princess cut diamond ring, which would have a diameter of around 10.1mm. However, when compared to a 5.5 carat princess cut diamond ring, the difference in size is not very noticeable, as the 5.5 carat diamond would have a diameter of approximately 10.9mm.

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

A 5-carat princess cut diamond ring is a stunning piece of jewelry that catches everyone's attention. When worn on the hand, it showcases a dazzling square-shaped diamond with sharp corners and brilliant facets. The princess cut diamond has a width of approximately X mm, which elegantly covers a significant portion of the finger's width, making it a bold and eye-catching choice.

What is the price of a 5 carat princess cut diamond ring?

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

Is a 5 carat princess cut diamond ring good enough?

A 5 carat princess cut diamond ring can be considered quite impressive. The princess cut is known for its brilliance and modern appeal, making it a popular choice among diamond shapes. The larger carat weight of 5 carats adds to the overall impact and presence of the ring. However, it's important to note that the quality of the diamond itself, including factors like cut, clarity, and color, will also greatly influence its beauty and value.

Is a 5 carat princess cut diamond ring big?

Yes, a 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 carat diamond is significantly larger. A 5 carat diamond is highly noticeable and eye-catching. It is considered a luxury choice and is less common compared to smaller carat weights.

What does a 5 carat princess cut diamond ring weigh?

A 5 carat princess cut diamond ring weighs 1 grams.

Should I get a 5 carat princess cut diamond ring?

A 5 carat princess cut diamond ring is an excellent choice if you desire a larger and more eye-catching diamond. The princess cut is known for its brilliance and modern elegance, making it a popular choice among many. However, keep in mind that larger carat sizes can come with a higher price tag, so consider your budget as well.

Is a 5 carat princess cut diamond ring too big?

A 5 carat princess cut diamond ring is considered quite large. The princess cut is known for its brilliance and the 5 carat size will definitely make a statement. However, it ultimately depends on personal preference and budget.

Is a 5 carat princess cut diamond ring small?

A 5 carat princess cut diamond ring is not considered small. The size of the diamond will be noticeable and impressive on any finger. Additionally, the princess cut shape enhances the appearance of the diamond, making it appear even larger.
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