A radiant-cut diamond solitaire on a wide yellow gold band, on green velvet

Education 6 min read Updated

Lab Grown Diamond Prices: What Diamonds Cost in October 2026

Real Prices From Our Diamond Search

What do lab-grown diamonds cost right now? Here are the prices in our own diamond search for October 2026, by carat weight and by shape, with what makes one diamond cost more than another. We update this page every month.

The experts you can trust: Mine & Grown guides are written with jewelry experts and reviewed for accuracy. Questions about a specific piece? Our team is happy to help.

Isolde oval three-stone engagement ring in yellow gold on green velvet

How We Measure These Prices

Every price on this page comes from our own lab-grown diamond search on the date shown at the top. We count only diamonds with photos, G color or better, VS2 clarity or better and an Excellent cut or better, each with an IGI or GIA grading report, which is the quality our diamond searches open on. For each size and shape we give two ranges: what eight in ten of those diamonds cost, leaving out the cheapest and the most expensive tenth, and the full range from the lowest to the highest price. Every range is rounded out to round numbers, so the real prices sit inside it.

Prices in the search change as suppliers' stock changes, so for today's prices open the diamond search. Every loose diamond is sourced for your order and arrives in about 2 to 3 weeks.

Round Lab-Grown Diamond Price Ranges by Carat, October 2026

Carat weightEight in ten costLowest to highestPer carat, eight in ten
1 carat (1.00 to 1.09)$350–$500$250–$4,750$350–$500
1.5 carat (1.50 to 1.59)$500–$850$400–$6,500$300–$550
2 carat (2.00 to 2.09)$700–$2,000$550–$9,000$350–$1,000
3 carat (3.00 to 3.09)$1,000–$3,750$850–$17,500$300–$1,250
Celestia pear engagement ring worn on the hand

How Size Changes the Price

Larger diamonds cost more, and the middle price per carat rises with size too. In our search, eight in ten rounds cost $350 to $500 at 1 carat, $700 to $2,000 at 2 carats and $1,000 to $3,750 at 3 carats. Popular weights carry a premium: the middle price of round diamonds just under 2 carats, from 1.90 to 1.99, is about 16% lower than at 2.00 carats, and just under 3 carats about 18% lower than at 3.00, while they look almost the same size.

The table below gives the range that eight in ten diamonds of each shape fall in. See the sizes side by side in our 1 carat, 1.5 carat, 2 carat and 3 carat searches.

Lab-Grown Diamond Price Ranges by Shape, October 2026

Shape1 carat1.5 carats2 carats
Round$350–$500$500–$850$700–$2,000
Oval$400–$650$550–$1,000$900–$2,000
Pear$350–$650$550–$1,250$800–$2,500
Emerald$350–$700$500–$1,250$750–$2,000
Radiant$350–$700$500–$1,250$750–$2,000
Cushion$350–$550$500–$900$750–$2,250
Marquise$400–$750$600–$2,500$800–$4,250
Princess$350–$900$500–$700$750–$3,000
Asscher$350–$750$500–$750$750–$1,750
Astra asscher engagement ring in yellow gold on green velvet

Which Shapes Cost Less?

For natural diamonds, a round usually costs the most per carat. Lab-grown diamonds are different: in our search, the least expensive shapes at 1 carat are the round and pear, and at 2 carats the princess. The most expensive at 1 carat is the marquise, and at 2 carats the oval, whose middle price is about 61% above the princess's. Prices for fancy shapes such as ovals and marquises most likely follow demand and the supply of well-cut stones.

With lab-grown diamonds, choose the shape you love: the difference is often a few hundred dollars. Our guide Oval vs Round Diamonds compares the two most popular shapes.

Luna pear solitaire engagement ring worn on the hand

Lab-Grown vs Natural Diamond Prices

A lab-grown diamond is a real diamond and typically costs far less than a natural diamond of the same size and quality. You can see the difference on our own engagement rings: in October 2026, our rings with a 1 carat lab-grown center diamond cost $1,000 to $3,500, and with a 1 carat natural center diamond $3,500 to $8,000, across every design, metal and diamond grade.

Both come with an IGI or GIA grading report that states the diamond's origin. Read Natural vs Lab-Grown Diamonds for how they compare beyond price.

Verona emerald solitaire engagement ring in yellow gold on green velvet

How to Get the Most for Your Budget

  1. Buy just under a popular weight. A 1.90 carat looks almost the same as a 2.00 and costs noticeably less.
  2. Put cut first. An Excellent or Ideal cut shows the most sparkle; it matters more than a higher color or clarity grade.
  3. Choose eye-clean, not flawless. In a finished ring, VS2 clarity and G or H color look the same to the eye as higher grades.
  4. Compare shapes. At some sizes another shape costs hundreds less for the same quality.
  5. Ask us. Yareli, our founder and designer, can compare diamonds with you by video or phone.
Elowen radiant engagement ring in yellow gold on green velvet

Why Prices Change

Lab-grown diamond prices move with supply: our search refreshes from our suppliers' stock several times a day, so individual prices go up and down as diamonds are added and sold. This page records the price ranges once a month, so you can see how they move over time.

For the cost of a finished ring, see How Much Is a 1 Carat Lab Grown Diamond? or Engagement Ring Budgeting 101.

Diamond Price FAQ

How much is a 1 carat lab grown diamond?

In our search in October 2026, eight in ten 1 carat round lab-grown diamonds with G color or better, VS2 clarity or better and an Excellent cut cost $350 to $500, each with an IGI or GIA report.

How much is a 2 carat lab grown diamond?

Eight in ten 2 carat rounds in our search cost $700 to $2,000, and the full range runs from $550 to $9,000, at G color or better, VS2 clarity or better and an Excellent cut.

Which diamond shape is the cheapest?

In our lab-grown search in October 2026, the least expensive shapes were round and pear at 1 carat and princess at 2 carats, at the same quality. For natural diamonds, rounds usually cost the most per carat.

Why do diamonds just under 2 carats cost less?

Prices step up at popular weights. In our search, eight in ten rounds from 1.90 to 1.99 carats cost $550 to $1,750, against $700 to $2,000 at 2.00 to 2.09 carats, while looking almost the same size.

How often is this page updated?

Every month, from the prices in our diamond search. For today's prices, open the diamond search.