What Is The Lab Diamond vs Real Diamond Cost?
In this entry, we’re getting into the numbers for an honest price comparison to determine lab diamond price, lab vs natural diamond, and some context.
In 2016, lab diamond prices were actually strikingly close to the natural diamond prices. At the time, natural diamonds cost only 10% more than lab diamonds (Paul Zimnisky, 2023). As we referenced in this article, lab diamond prices following 2022 plummeted 74%.
Today, the lab grown diamond vs real diamond price varies by carat. A 1 carat lab diamond costs $600+ and a 2 carat lab diamond costs over double at $1350+. For natural diamonds, which are chemically and physically identical to the lab grown variant costs rise quickly. A 1 carat natural diamond costs $3500+ and a 2 carat natural diamond costs $17,000+!
It’s important to mention that this price is largely unavailable for the majority of consumers. This is most true at the retail level where jewelry stores will jack up prices, especially when accompanied with authentic gold.
With diamond and gold prices today, here at Lab Diamonds Florida, we still dedicate to providing the most affordable prices and the most options. Contact us to learn more!