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

By: Katie Ormsby

Could You Save Money and Get a Better Product With a Lab-Grown Diamond?
Image: MichaelSvoboda / E+ / Getty Images

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?

diamonds 1 Why are you diamond shopping? 💍
Engagement ring
Jewelry for myself
Birthday or holiday gift
Something else or I prefer not to say.

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diamonds 2 How much would you like to spend on a diamond?
$600 or less
$1000 to $2000
$3000 or more
I prefer not to say or I don't know.

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diamonds 4 Would you buy a bigger diamond since lab-grown diamonds cost 30 - 40% less than mined diamonds?
Yes
No
Maybe
I prefer not to say or I don't know.

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diamonds 6 Who will be wearing this diamond?
My significant other
I'll be wearing it.
A family member or friend
Someone else or I prefer not to say.

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diamonds 5 What diamond cut do you think you want?
Round
Emerald
Pear
I don't know or something else.

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diamonds 7 Would you consider a halo design that uses smaller diamonds to make the central diamond look bigger?
Yes
No
Maybe
I don't know.

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diamonds 10 How would you describe the style of the person this diamond is for?
Timeless
Retro
Minimalistic
Something else or I don't know.

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diamonds 8 Are you drawn to lab-grown diamonds for environmental and ethical reasons?
Yes
No
A little bit
I prefer not to say or I don't know.

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diamonds 9 What carat size are you thinking?
.5 carat
1 carat
2 or more carats
I prefer not to say or I don't know.

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diamonds 3 Are you planning on passing it down through your family?
Yes
Possibly
No
I prefer not to say or I don't know.

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