Ryan Seacrest might never put a ring on it.

In fact, the American Idol host questioned how important engagement rings are these days, considering many couples could use the money they would spend on a ring elsewhere in their lives.

“A lot of couples are saying, ‘Hey, is the engagement ring really worth it?’ What’s the average cost? $10,000?” Ryan said on the April 7 episode of On Air With Ryan Seacrest. “Average cost of an engagement ring in the U.S., $10,000. Think about what you could do with your partner for $10,000.”

The 51-year-old—who split from girlfriend Aubrey Paige in 2024—mused, “How important is the engagement ring?”

He also noted that many couples are starting to think “practically” about the cost, with co-host Sisanie Villaclara explaining that “way back in the day” engagement rings were actually just “simple bands” as opposed to the giant rocks we tend to see now.