Could You Save Money and Get a Better Product With a Lab-Grown Diamond?

About This Quiz

Unlike cubic zirconia or moissanite, lab-grown diamonds aren't knockoffs or alternative stones. They're the real deal. They're just developed in labs instead of mined. Since they cost 30 to 40 percent less than mined diamonds, according to "The New York Times," it's more affordable to bump up a carat size, go all out with a multi-diamond setting, use those savings to upgrade your honeymoon or just flat-out save. But you might be wondering if they're really as spectacular as mined diamonds. 

For many consumers, a fifth C has been added to cut, color, clarity, carat — conflict-free. Since lab-grown diamonds don't require mining, they're an option for those concerned about environmental and labor conditions. According to "Forbes," mining can contribute to deforestation because of soil erosion. Some mining companies also use unethical labor practices, from paying low wages to using child labor, according to "GQ." Lab-grown diamonds are a simple way to ensure you're buying a conflict-free diamond.

Now's the perfect time to explore your options and find your dream diamond. Whether you're interested in loose lab-grown diamonds to design your own engagement ring or you'd rather buy pre-designed jewelry, there are amazing options. So, what are you waiting for?