A 2 carat princess cut diamond ring is considered a statement piece, offering a striking square or rectangular appearance with exceptional brilliance. The price for a loose 2 carat princess cut diamond can range widely from about $5,790 to $30,423, with the average cost around $14,000; final price depends on factors such as cut, clarity, color, and whether the diamond is natural or lab-grown[3]. Some retailers list specific stones in this carat weight between approximately $6,472 and $8,561, depending on diamond quality[1].
The cost of the complete ring will be higher once you account for the setting, which can add anywhere from $500 for a simple solitaire setting to several thousand dollars for more elaborate designs with accent diamonds or custom work[2]. High-end retailers and luxury brands may also charge premiums based on craftsmanship and sourcing standards[5].
Aside from price, the 2 carat princess cut is prized for its symmetry and ability to suit a variety of ring settings, including solitaires, halos, and three-stone designs. Shoppers may also consider lab-grown options, which can offer lower prices for the same carat weight and visual appeal[6].
Carat refers to the diamond’s weight, not its physical size, but a 2 carat princess cut diamond typically offers a noticeable and impressive finger coverage, making it a popular choice for engagement rings[2]. Quality and certification from reputable gemological labs are recommended for such a significant investment.