6 Cheap Alternatives to Diamonds For Engagement Rings

2 – Morganite 

Average Price Per Carat: $200

Morganite is second on our list of the 10 cheap alternatives to diamond engagement rings. It is a pink to peach colored variety of the mineral beryl, and so shares a mineral family with emeralds. One of the best things about Morganite is that it is relatively more durable than other gemstones with similar prices, as it is rated 7.5 to 8 on the Mohs scale. Some of the sources of morganite include Brazil, Afghanistan, Mozambique, Namibia, the United States, and Madagascar.