How much does a 2 carat emerald cut lab-grown diamond cost?
A 2 carat emerald cut lab-grown diamond costs about $2,360 to $3,050 as a loose stone in Australia, with a median of $2,566. That is the middle 80% of the 50 emerald cuts between 2.00 and 2.09 carats on our live feed on 17 September 2026. The full range runs from $2,207 to $4,247, and every stone is D to F colour, VS1 clarity or better, and IGI certified.
Set in a finished engagement ring, a 2 carat emerald cut costs $4,600 to $5,600 in 18k gold, or $4,650 to $5,750 in platinum. Those are the fixed prices of our eight complete 2 carat emerald rings, each made with a 2.00 to 2.09ct, E to F colour, VVS1 clarity centre stone.
Emerald cuts reward a different kind of shopping from brilliant shapes, because their long, open facets show what is inside the stone. That changes where your money is best spent.
What a 2 carat emerald cut costs by carat weight
| Carat weight | Stones | Price range | Median price | Typical size |
|---|---|---|---|---|
| 1.80 to 1.89ct | 24 | $1,654 to $4,236 | $2,235 | 8.3 x 5.7mm |
| 1.90 to 1.99ct | 32 | $1,605 to $3,999 | $2,362 | 8.5 x 5.8mm |
| 2.00 to 2.09ct | 50 | $2,207 to $4,247 | $2,566 | 8.6 x 6.0mm |
| 2.10 to 2.19ct | 13 | $2,256 to $2,861 | $2,477 | 8.7 x 6.1mm |
| 2.20 to 2.29ct | 23 | $2,419 to $4,997 | $2,813 | 8.9 x 6.2mm |
| 2.30 to 2.49ct | 28 | $2,325 to $5,707 | $2,893 | 9.1 x 6.3mm |
6 stones listed at more than twice the median for their group are left out of the price ranges, because they are priced far above stones of the same weight and grade.
A 2 carat emerald cut measures about 8.6mm by 6.0mm. Going just under 2 carats saved around $200 at the median. More useful is the step above: the 13 emerald cuts between 2.10 and 2.19ct had a median of $2,477, lower than the exact 2 carat group, for a stone that is slightly larger at 8.7mm by 6.1mm. Prices only climbed clearly past 2.20 carats.
Why going up can cost less than an exact 2 carat
Round numbers attract buyers, so stones that land just above 2.00 carats are priced for the label. Stones a little heavier sit outside the most searched weight, so they tend to be priced lower. Comparing like with like on the feed:
| Carat weight | VS1 median | VVS2 median | VVS1 median |
|---|---|---|---|
| 1.90 to 1.99ct | $2,261 (13 stones) | $2,363 (11 stones) | $2,643 (8 stones) |
| 2.00 to 2.09ct | $2,398 (10 stones) | $2,480 (14 stones) | $2,666 (26 stones) |
| 2.10 to 2.19ct | $2,434 (5 stones) | $2,410 (4 stones) | $2,534 (4 stones) |
| 2.20 to 2.29ct | $3,455 (7 stones) | $2,649 (7 stones) | $3,856 (9 stones) |
| 2.30 to 2.49ct | $3,172 (12 stones) | $2,745 (10 stones) | $4,130 (6 stones) |
At VVS2 and VVS1, the 2.10 to 2.19ct emerald cuts had lower medians than the 2.00 to 2.09ct stones. If you are set on an emerald cut around 2 carats, asking for something between 2.10 and 2.19ct is one of the easiest ways to get more stone for the same money.
Why clarity matters more on an emerald cut
An emerald cut has a large, flat table and long step facets, like looking through a window. Inclusions that a round brilliant would hide in its sparkle can be visible here, so clarity is worth more attention than on other shapes. Among the 2 carat emerald cuts:
| Clarity at 2.00 to 2.09ct | Stones | Price range | Median price |
|---|---|---|---|
| VS1 | 10 | $2,256 to $2,771 | $2,398 |
| VVS2 | 14 | $2,262 to $2,636 | $2,480 |
| VVS1 | 26 | $2,207 to $4,247 | $2,666 |
VVS2 cost about $80 more than VS1 at the median, and VVS1 about $270 more. For most emerald cuts, VVS2 is the sensible middle: clean enough that nothing shows through the table, without paying for the top grade. If you do look at VS1, ask to see a video of that exact stone before you commit.
Colour behaved differently. F colour stones had the lowest median at $2,425, below D at $2,535 and E at $2,686. Step cuts can show a hint of warmth in the corners, but at D to F nothing reads as tinted, so F is where the value sits.
How much is a complete 2 carat emerald cut engagement ring?
Every ring below comes with a 2.00 to 2.09ct, E to F colour, VVS1 clarity, IGI certified emerald cut, set on a 2mm band in solid 18k gold or platinum. The price includes the diamond and the setting:
| Ring | Style | 18k gold | Platinum |
|---|---|---|---|
| Celine | Solitaire | $4,600 | $4,650 |
| Edyn | East-west solitaire | $4,600 | $4,650 |
| Ivy | Solitaire with a hidden halo | $4,900 | $5,050 |
| Karlie | Bezel solitaire | $4,950 | $5,100 |
| Poppy | Solitaire with a 3/4 pavé band | $5,000 | $5,150 |
| Cara | Three stone with pear side stones | $5,400 | $5,550 |
| Juniper | Three stone | $5,450 | $5,600 |
| Marlee | Halo with a 2/3 pavé band | $5,600 | $5,750 |
At that stone grade, a loose 2 carat emerald cut runs $2,207 to $4,247 on its own, with a median of $2,686. The solitaire and east-west solitaire start at $4,600. Hidden halos, a bezel and a pavé band add a few hundred dollars, and the three-stone and halo designs, with more diamonds around the centre, run to $5,600.
If you would rather choose the exact stone, for example a 2.13ct VVS2, you can do that in our ring builder and pair it with a setting.
How big does a 2 carat emerald cut look?
About the same as a 2 carat round from above. An emerald cut covers roughly 8.6mm by 6.0mm, while a round of the same weight is about 8.2mm across. The emerald cut reads longer and slimmer on the finger, which is part of its appeal, but it does not look dramatically bigger the way an oval or marquise does. Our 2 carat size guide compares every shape.
The bottom line on 2 carat emerald cut prices
As of 17 September 2026, most 2 carat lab-grown emerald cuts cost $2,360 to $3,050 loose, and a complete 2 carat emerald cut engagement ring costs $4,600 to $5,750. Spend on clarity before colour, consider a stone between 2.10 and 2.19ct, and look at a video of the actual stone. Browse our 2 carat engagement rings for live prices.
Thanks for reading, Jared and Brie
From the studio
Designed by us in Melbourne, made to order
Lily Dia is a small studio, so every ring is drawn, set and finished for the person wearing it. If this article helped, the collection shows how these choices look on real rings, and you can ask us anything before you decide.
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