Understanding 1 Carat Diamonds and the Cheapest Diamond Options in 2025

What Is a 1 Carat Diamond?

A 1-carat diamond refers to a gemstone weighing 200 milligrams (0.2 grams). While carat measures weight, not size, most 1-carat round diamonds are approximately 6.4 mm in diameter. The value of a 1-carat diamond depends heavily on the 4Cs: Cut, Color, Clarity, and Carat weight. A well-cut diamond with high clarity and color grades can cost significantly more than one with visible inclusions or yellowish tones.

In India, the price of a 1-carat natural diamond ranges from ₹2,00,000 to ₹10,00,000 depending on quality. For example:

Low to Mid-Range (H-J Color, SI1-SI2 Clarity): ₹2–4 lakh

Mid to High-Range (G-H Color, VS1-VS2 Clarity): ₹4–7 lakh

Premium Grade (D-F Color, VVS1-VVS2 Clarity): ₹7–10 lakh or more

Cheapest Diamonds to Buy: Lab-Grown Options

If you're looking for affordability, lab-grown diamonds are the most budget-friendly choice. These diamonds are chemically and visually identical to natural ones but cost up to 90% less. A 1-carat lab-grown diamond may cost as little as ₹80,000 to ₹1,50,000 depending on certification and cut quality.

Other affordable options include:

Salt and Pepper Diamonds: Contain visible inclusions, offering a unique look at lower prices.

Brown or Champagne Diamonds: Naturally tinted diamonds that are less expensive than colorless ones.

Cluster Diamond Jewelry: Uses multiple small diamonds to create the illusion of a larger stone.

A 1-carat diamond is a classic choice for engagement rings and luxury jewelry, but its price varies widely based on quality. For budget-conscious buyers, lab-grown diamonds offer stunning brilliance at a fraction of the cost. Whether you prioritize sparkle, size, or sustainability, there’s a diamond for every budget.