Lab grown diamonds are changing the way people shop for engagement rings. They offer the same brilliance, durability, and elegance as mined diamonds—without the hefty price tag. If you're wondering how much a 2 carat lab grown diamond costs, the answer depends on factors like cut, clarity, and shape. This guide breaks down everything you need to know about 2 carat lab grown diamond ring prices and what affects their value.
What Influences the Price of a 2 Carat Lab Grown Diamond?
The cost of a 2 carat lab grown diamond isn’t fixed—it varies based on:
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Shape – Round diamonds are typically the most expensive, while other cuts like emerald and oval may cost less.
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Cut Quality – A well-cut diamond enhances brilliance and can increase the price.
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Color & Clarity – Higher color grades (D-F) and clarity grades (VVS1-VS1) cost more.
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Certification – IGI and GIA-certified diamonds ensure quality and pricing transparency.
Lab grown diamonds are often 50-75% more affordable than mined diamonds, making them a smart choice for budget-conscious buyers.
2 Carat Lab Grown Diamond Prices by Shape
Different diamond shapes affect pricing due to demand, cutting complexity, and how much rough diamond is lost during shaping. Below is a price guide for various 2 carat lab grown diamond cuts.
|
Diamond Shape |
Estimated Price (USD) |
|
Round |
$4,000 – $10,000 |
|
Oval |
$3,500 – $9,000 |
|
Princess |
$3,200 – $8,500 |
|
Emerald |
$3,000 – $7,500 |
2 Carat Oval Lab Grown Diamond Price Trends
Oval diamonds are a popular choice for their elegant, elongated appearance. Prices for 2 carat oval lab grown diamonds have changed over time, reflecting improvements in production technology and market trends.
| Year | Lowest Price (USD) | Highest Price (USD) |
| 2023 | $4,000 | $9,500 |
| 2024 | $3,500 | $9,000 |
| 2025 | $3,200 | $8,500 |
Prices have dropped slightly as lab grown diamond production becomes more advanced, making oval cuts a fantastic value for those who want a larger-looking stone.
Why Choose a Lab Grown Diamond Engagement Ring?
Lab grown diamonds are identical to natural diamonds in composition and appearance—without the environmental and ethical concerns. Here’s why they’re a top choice:
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Cost-Effective – Get a bigger, higher-quality diamond for the same budget.
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Sustainable & Ethical – No mining, no harm to the planet.
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Certified & High-Quality – Most lab diamonds have better clarity and fewer inclusions than mined ones.
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More Options – Choose from a variety of cuts and settings without breaking the bank.
Lab-grown diamonds offer all these advantages, and to learn more about their benefits, check out our detailed guide on the benefits of Lab Grown Diamonds.
Shop Unique Lab Grown Diamond Rings at Elegant Vault Jewelry
Looking for a stunning lab grown diamond engagement ring at an affordable price? At Elegant Vault Jewelry, the finest jewelry shop online in Paramus, NJ, we offer a unique collection of Vault Lab Grown Diamonds in round, oval, princess, and emerald cuts.
Call +1 (973) 876-7190 today or visit our finest Jewelry online shop to explore our exclusive designs and find the perfect ring!