Are Lab Grown Diamonds Affordable?

An assortment of gold diamond earrings with an eternity necklace laying upon a bed of black rocks and rippled water.

Lab grown diamonds are real diamonds, but they come with a few caveats. First, let’s get something out of the way: lab grown diamonds are not fake diamonds. They’re not cubic zirconia or moissanite. They are bona fide diamonds that have the same chemical, physical, and optical properties as mined diamonds. The only difference is that they’re created in a laboratory rather than underground. Now that we’ve got that out of the way, we can move on to the second caveat: lab grown diamonds are not necessarily more affordable than mined diamonds. In fact, they might even be slightly less affordable depending on the market conditions at any given time.

What are lab grown diamonds?

Lab-grown diamonds are diamonds that are created in a laboratory. They have the same physical and chemical properties as diamonds that are found in nature, but they are much less expensive.

Lab-grown diamond rings are created using one of two methods: high pressure, high temperature (HPHT) or chemical vapor deposition (CVD). HPHT is the most common method used to create lab-grown diamonds.

In the HPHT method, a small seed diamond is placed in a chamber with carbon. The chamber is then exposed to high pressures and temperatures for several weeks. The carbon atoms attach to the seed diamond and grow it into a larger diamond.

CVD is a newer method of creating lab-grown diamonds. In this method, a small seed diamond is placed in a chamber with glasses like methane and hydrogen. A plasma torch is then used to heat the gasses. As the gasses break down, they deposit carbon onto the seed diamond, which grows it into a larger diamond over time.

Lab-grown diamonds are much cheaper than natural diamonds because they can be produced on demand and don’t require mining. However, they are still quite expensive compared to other gemstones like cubic zirconia or moissanite.

How are lab grown diamonds made?

The process of creating lab grown diamonds begins with a small diamond seed. This seed is placed in a chamber where it is subject to intense heat and pressure. The conditions within the chamber are designed to recreate those found deep within the Earth, where natural diamonds are formed.

Over the course of several weeks, the diamond seed grows into a larger diamond. Once it reaches the desired size, it is cut and polished just like a natural diamond.

Lab grown diamonds offer a more affordable alternative to natural diamonds, as they can be produced in large quantities without the need for mining. They also have fewer impurities than natural diamonds, which results in better clarity and color.

Are lab grown diamonds affordable?

Yes, lab grown diamonds are more affordable than mined diamonds. On average, lab grown diamonds cost 20-30% less than comparable mined diamonds. The reason for this price difference is that it costs less to produce a lab grown diamond than it does to mine a diamond from the earth.

In addition to being more affordable, lab grown diamonds are also eco-friendly and conflict-free. Because they are produced in a controlled environment, lab grown diamonds have a smaller carbon footprint than mined diamonds. And because they are not sourced from conflict zones, you can be sure that your lab grown diamond has not been used to finance violence or human rights abuses.

Pros and cons of lab grown diamonds

There are a number of pros and cons to consider when it comes to lab grown diamonds. On the pro side, lab grown diamonds are often more affordable than natural diamonds. They also tend to have fewer inclusions and blemishes, and they are available in a wider range of colors. On the con side, some people feel that lab grown diamonds are not as valuable as natural diamonds, and they may not be as durable.

Where to buy lab grown diamonds

If you’re looking for lab grown diamonds, you can find them at many online retailers and specialty jewelry stores. Here are a few of our favorite places to buy lab grown diamonds:

  • Blue Nile: Blue Nile is one of the leading online retailers of diamonds, and they carry a great selection of lab grown diamonds. They offer free shipping and returns, so it’s easy to shop with confidence.
  • Ritani: Ritani is another excellent online retailer for diamond jewelry, and they have a beautiful selection of lab grown diamonds. Their customer service is top-notch, so you can be sure you’re getting the best possible experience.
  • Brilliant Earth: Brilliant Earth is one of the most well-known jewelers for ethically sourced diamonds, and they offer a great selection of lab grown diamonds. They have a generous return policy, so you can shop with confidence knowing that you can return your purchase if you’re not happy with it.

The process of making lab grown diamonds

Lab grown diamonds are created through a process of intense heat and pressure. A small seed diamond is placed in a chamber where it is exposed to carbon atoms. These atoms bond to the surface of the seed diamond, causing it to grow. The chamber is then cooled, and the lab grown diamond is removed.

The process of creating lab grown diamonds has come a long way since it was first developed in the 1950s. Today, there are several companies that offer lab grown diamonds at a fraction of the cost of mined diamonds. In some cases, you can even find lab grown diamonds that are cheaper than cubic zirconia or moissanite.

How to find the best deals on lab grown diamonds

When it comes to finding the best deals on lab grown diamonds, there are a few things you can do to ensure you’re getting the best possible price. First, it’s important to research the different companies that offer lab grown diamonds so you can compare prices. Additionally, many companies offer discounts for bulk purchases, so if you’re looking to buy multiple lab grown diamonds, it’s worth checking to see if any of these discounts are available. Lastly, it’s always worth negotiating with diamond sellers, as they may be willing to lower their prices if you’re able to make a case for why you deserve a better deal. By following these tips, you’ll be sure to find the best deals on lab grown diamonds.


In conclusion, lab grown diamonds are an affordable alternative to mined diamonds that have the same physical and chemical properties. While they are not yet as widely available as mined diamonds, they are becoming more and more popular and their price is expected to continue to drop as production increases. If you are looking for a unique and environmentally friendly engagement ring or piece of jewelry, consider a lab grown diamond.

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