Is $1300 for an engagement ring on the cheap side?

assley
my bfs cousin knocked up some girl in the first month of dating and he bought her an engagment ring for Christmas. my boyfriend told me he saw the 2ct. ring with diamond band type thing on either side. his cousin says he spent $1300 on it, like it was a huge amount. maybe I don't know as much as I thought, but that seems toward the cheaper end of the price range. I thought even a 1ct diamond ring of even poor quality would be more than that. I told my boyfriend that and he said that was a ton of money. then it became a discussion of what he is willing to spend on a ring for me and how my taste may just be too expensive. id always just assumed that a nice looking ring, not even big, would cost someone at least $3,000. so maybe his cousin doesn't know what he bought or my boyfriend got his info wrong. I only know that his cousin told me it was $1300. I never saw the ring, but when my boyfriend saw it after that and told me 2ct I told him it must be sh*tty diamonds or it isn't a big as he thought...so any one with any engagement ring shopping experience would like to discuss this...im curious now.
Updates
+1 y
i don't want your opinion on how much a ring should or shouldn't cost. I want to know the actual price of a ring like I described. please remove all emotional feeling on the subject of engagement rings and give me facts, not useless opinions. JESUS. F***ING. CHRIST.
Is $1300 for an engagement ring on the cheap side?
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