0.4 Carat Cushion Natural Diamond Prices Comparison

As of October 2026, 0.4 carat cushion natural diamonds in the 0.40–0.49 carat benchmark range usually range from $321 to $1,812, with an average price of $613.Compare 246 verified listings across 9 retailers tracked by CaratRadar.

Market Insights
Last updated: 2026-10-13

0.4 Carat Cushion Natural Diamond Market Overview

CaratRadar currently tracks 246 verified 0.4-carat cushion natural diamonds in the 0.40–0.49 carat benchmark range, listed across 9 online retailers. Prices in this segment range from $321 to $1,812, with an average asking price of $613 and a median of $572.

The price spread of $1,491 (82.3% from highest to lowest) highlights why comparing identical certified diamonds across multiple retailers matters. Two identical certified diamonds can differ by hundreds or even thousands of dollars depending on the retailer.

These figures use the same benchmark range throughout the page and are based on our latest daily market data, matched by certification lab and certificate number across retailers, so you are comparing the exact same diamond.

  • 246 diamonds tracked in the 0.40–0.49 carat benchmark

  • Price range: $321 to $1,812

  • Average price: $613

  • Median price: $572

  • Available across 9 retailers

  • Savings potential: up to 82.3%

All charts, listings, price matrices, shape comparisons, FAQs, and schema on this page use the same 0.40–0.49 carat benchmark range.

Price Range Overview

As of Oct 13, 2026
Spread $1,491

Real market range for this carat, shape, and diamond type.

$321$1,812
Tracked

246

Lowest

$321

Average

$613

Median

$572

Highest

$1,812

Price History

Price Comparison Matrix

Live Listings

See all listings

Compare current retailer offers in the same benchmark range and open any listing for full details.

GIA | 0.45ct | Cushion | F | SI2 | Good
Save 28.2%

GIA | 0.45ct | Cushion | F | SI2 | Good

From $321

Compare at $448

4 stores
GIA | 0.41ct | Cushion | K | VS1 | Excellent
Save 36%

GIA | 0.41ct | Cushion | K | VS1 | Excellent

From $328

Compare at $512

2 stores
GIA | 0.41ct | Cushion | L | SI2 | Excellent
Save 10.3%

GIA | 0.41ct | Cushion | L | SI2 | Excellent

From $334

Compare at $372

3 stores
GIA | 0.45ct | Cushion | E | SI1 | Excellent
Save 40.4%

GIA | 0.45ct | Cushion | E | SI1 | Excellent

From $340

Compare at $570

5 stores
GIA | 0.48ct | Cushion | H | SI2 | Good
Save 34.2%

GIA | 0.48ct | Cushion | H | SI2 | Good

From $341

Compare at $518

5 stores
GIA | 0.43ct | Cushion | K | VVS1 | Excellent
Save 10.5%

GIA | 0.43ct | Cushion | K | VVS1 | Excellent

From $349

Compare at $390

4 stores
GIA | 0.41ct | Cushion | D | VS2 | Excellent
Save 37.8%

GIA | 0.41ct | Cushion | D | VS2 | Excellent

From $370

Compare at $595

5 stores
GIA | 0.41ct | Cushion | E | VS2 | Ideal
Save 42.9%

GIA | 0.41ct | Cushion | E | VS2 | Ideal

From $371

Compare at $650

6 stores
GIA | 0.41ct | Cushion | L | VS1 | Good
Save 11.3%

GIA | 0.41ct | Cushion | L | VS1 | Good

From $388

Compare at $437

3 stores
GIA | 0.43ct | Cushion | I | SI2 | Excellent
Save 41%

GIA | 0.43ct | Cushion | I | SI2 | Excellent

From $393

Compare at $666

2 stores
GIA | 0.42ct | Cushion | J | VS2 | Excellent
Save 14.1%

GIA | 0.42ct | Cushion | J | VS2 | Excellent

From $393

Compare at $458

3 stores
GIA | 0.41ct | Cushion | K | VS1 | Good
Save 26.4%

GIA | 0.41ct | Cushion | K | VS1 | Good

From $394

Compare at $535

2 stores
GIA | 0.45ct | Cushion | K | VS1 | Excellent
Save 41.2%

GIA | 0.45ct | Cushion | K | VS1 | Excellent

From $402

Compare at $684

2 stores
GIA | 0.41ct | Cushion | I | VS1 | Ideal
Save 24%

GIA | 0.41ct | Cushion | I | VS1 | Ideal

From $409

Compare at $538

5 stores
GIA | 0.41ct | Cushion | E | SI1 | Ideal
Save 30.8%

GIA | 0.41ct | Cushion | E | SI1 | Ideal

From $412

Compare at $596

5 stores
IGI | 0.41ct | Cushion | K | SI1 | Very Good

IGI | 0.41ct | Cushion | K | SI1 | Very Good

From $413

Compare at $413

2 stores
GIA | 0.41ct | Cushion | E | SI1 | Good
Save 38.5%

GIA | 0.41ct | Cushion | E | SI1 | Good

From $415

Compare at $675

5 stores
GIA | 0.41ct | Cushion | J | SI1 | Very Good
Save 16.1%

GIA | 0.41ct | Cushion | J | SI1 | Very Good

From $416

Compare at $496

5 stores
GIA | 0.41ct | Cushion | K | VS1 | Excellent
Save 18.6%

GIA | 0.41ct | Cushion | K | VS1 | Excellent

From $419

Compare at $515

4 stores
GIA | 0.45ct | Cushion | K | VS1 | Excellent

GIA | 0.45ct | Cushion | K | VS1 | Excellent

From $426

Compare at $472

2 stores
GIA | 0.41ct | Cushion | E | SI1 | Good
Save 23.9%

GIA | 0.41ct | Cushion | E | SI1 | Good

From $427

Compare at $561

5 stores
GIA | 0.41ct | Cushion | H | VVS2 | Ideal
Save 23.9%

GIA | 0.41ct | Cushion | H | VVS2 | Ideal

From $428

Compare at $563

5 stores
GIA | 0.43ct | Cushion | E | SI1 | Ideal
Save 39.4%

GIA | 0.43ct | Cushion | E | SI1 | Ideal

From $430

Compare at $710

3 stores
GIA | 0.42ct | Cushion | I | VS1 | Excellent
Save 23.9%

GIA | 0.42ct | Cushion | I | VS1 | Excellent

From $432

Compare at $568

5 stores
GIA | 0.48ct | Cushion | K | VVS1 | Excellent
Save 42.1%

GIA | 0.48ct | Cushion | K | VVS1 | Excellent

From $435

Compare at $752

2 stores
GIA | 0.48ct | Cushion | E | SI1 | Very Good
Save 34.1%

GIA | 0.48ct | Cushion | E | SI1 | Very Good

From $438

Compare at $665

6 stores
GIA | 0.42ct | Cushion | L | VS1 | Excellent
Save 12.3%

GIA | 0.42ct | Cushion | L | VS1 | Excellent

From $442

Compare at $504

3 stores
GIA | 0.41ct | Cushion | J | VS1 | Excellent
Save 16.6%

GIA | 0.41ct | Cushion | J | VS1 | Excellent

From $447

Compare at $536

4 stores
GIA | 0.45ct | Cushion | J | VS2 | Excellent

GIA | 0.45ct | Cushion | J | VS2 | Excellent

From $448

Compare at $477

2 stores
GIA | 0.45ct | Cushion | J | VVS2 | Excellent
Save 36.7%

GIA | 0.45ct | Cushion | J | VVS2 | Excellent

From $449

Compare at $709

2 stores
GIA | 0.45ct | Cushion | L | VS1 | Excellent
Save 17.4%

GIA | 0.45ct | Cushion | L | VS1 | Excellent

From $451

Compare at $546

4 stores
GIA | 0.41ct | Cushion | J | VVS2 | Excellent
Save 12.8%

GIA | 0.41ct | Cushion | J | VVS2 | Excellent

From $451

Compare at $517

4 stores
GIA | 0.48ct | Cushion | F | SI1 | Excellent
Save 12.6%

GIA | 0.48ct | Cushion | F | SI1 | Excellent

From $453

Compare at $519

3 stores
IGI | 0.44ct | Cushion | K | VS1 | Very Good

IGI | 0.44ct | Cushion | K | VS1 | Very Good

From $454

Compare at $455

2 stores
GIA | 0.46ct | Cushion | J | VS2 | Excellent

GIA | 0.46ct | Cushion | J | VS2 | Excellent

From $454

Compare at $481

2 stores
GIA | 0.41ct | Cushion | J | VS1 | Excellent
Save 36.8%

GIA | 0.41ct | Cushion | J | VS1 | Excellent

From $454

Compare at $719

2 stores
GIA | 0.41ct | Cushion | I | VS2 | Excellent
Save 36.8%

GIA | 0.41ct | Cushion | I | VS2 | Excellent

From $455

Compare at $720

2 stores
GIA | 0.44ct | Cushion | I | SI2 | Very Good
Save 37.8%

GIA | 0.44ct | Cushion | I | SI2 | Very Good

From $457

Compare at $735

2 stores
GIA | 0.42ct | Cushion | I | VVS2 | Good
Save 37%

GIA | 0.42ct | Cushion | I | VVS2 | Good

From $459

Compare at $729

2 stores
GIA | 0.42ct | Cushion | I | VS2 | Excellent
Save 25.6%

GIA | 0.42ct | Cushion | I | VS2 | Excellent

From $460

Compare at $618

5 stores
GIA | 0.41ct | Cushion | J | VVS1 | Excellent

GIA | 0.41ct | Cushion | J | VVS1 | Excellent

From $463

Compare at $487

2 stores
GIA | 0.47ct | Cushion | I | SI2 | Excellent
Save 19%

GIA | 0.47ct | Cushion | I | SI2 | Excellent

From $466

Compare at $575

3 stores
Save 32.7%

GIA | 0.42ct | Cushion | G | SI2 | Excellent

From $470

Compare at $699

2 stores
GIA | 0.43ct | Cushion | E | SI2 | Ideal

GIA | 0.43ct | Cushion | E | SI2 | Ideal

From $471

Compare at $515

3 stores
GIA | 0.46ct | Cushion | K | VS2 | Excellent

GIA | 0.46ct | Cushion | K | VS2 | Excellent

From $473

Compare at $515

4 stores
GIA | 0.41ct | Cushion | H | VS1 | Good
Save 23.8%

GIA | 0.41ct | Cushion | H | VS1 | Good

From $476

Compare at $625

5 stores
GIA | 0.41ct | Cushion | G | VS1 | Ideal
Save 23.8%

GIA | 0.41ct | Cushion | G | VS1 | Ideal

From $477

Compare at $626

5 stores
GIA | 0.41ct | Cushion | E | VS2 | Excellent
Save 37.6%

GIA | 0.41ct | Cushion | E | VS2 | Excellent

From $479

Compare at $768

2 stores
GIA | 0.41ct | Cushion | H | SI1 | Very Good
Save 17.8%

GIA | 0.41ct | Cushion | H | SI1 | Very Good

From $481

Compare at $585

5 stores
GIA | 0.43ct | Cushion | J | VS2 | Excellent
Save 23.7%

GIA | 0.43ct | Cushion | J | VS2 | Excellent

From $481

Compare at $630

4 stores

Entry pricing in this benchmark range starts around $321.

What to Know When Shopping for 0.4 Carat Cushion Natural Diamonds

  1. Always compare identical certified diamonds across retailers. Identical certificate numbers can have price differences of $1,491 or more.
  2. Focus on the 4Cs that matter most to you. Color and clarity grades drive price more than cut in many segments, but cut affects sparkle the most.
  3. The median price of $572 is a useful benchmark. If you see a deal significantly below this, verify the retailer's reputation and return policy.
  4. Consider eye-clean alternatives. Moving one clarity grade down (e.g., VS2 to SI1) can save 10-15% with no visible difference to the naked eye.
  5. Compare natural vs. lab-grown options for the same carat and shape. Lab-grown diamonds are chemically identical but often 30-50% less expensive.
  6. Check shipping, insurance, and return policies. The lowest sticker price is not always the best deal once you factor in total cost of purchase.
  7. Cushion cuts come in standard and modified brilliant varieties. Modified brilliants tend to show more fire, while standard cushions have broader facets.

Frequently Asked Questions

We currently track 246 comparable stones in the 0.40–0.49 carat benchmark range. Prices start around $321 and go up to $1,812.

Based on the latest market data, the average asking price is about $613 with a median around $572.

The observed spread is roughly $1,491 across tracked listings, which is about 82.3% from highest to lowest offer in the 0.40–0.49 carat benchmark range.

We refresh pricing data daily so these pages stay current with market changes.

Based on completed market data, the fair market benchmark is $613. The median price is $572, so offers between the median and fair benchmark can be reasonable, while reputable listings below the median may be especially competitive.

We currently track this stone category across 9 online retailers, giving you a broad view of the competitive landscape.

For most buyers, color differences below G are hard to detect once set in a ring. Clarity grades of VS2 and above are typically eye-clean. Prioritize cut quality for maximum brilliance, then balance color and clarity based on your budget.

Retailer pricing strategies, overhead costs, and margin targets all contribute. The exact certified diamond can differ by $1,491 across sellers, which is why direct certified-diamond comparison is essential.

We match diamonds across retailers by their certification lab and certificate number. This means the prices you see are for the exact same physical diamond, not just stones with similar specs. It is a true apples-to-apples comparison.

Diamond prices fluctuate based on supply and demand. Our data refreshes regularly so you can track trends over time. Use the price range on this page as a benchmark and compare it to historical averages when available.

Diamond Terminology

Carat
A unit of weight for diamonds equal to 200 milligrams. Larger carat weights are exponentially rarer, which is why prices increase non-linearly with size.
Cut
Refers to how well a diamond's facets interact with light. Cut quality ranges from Ideal to Poor and is the single biggest factor affecting a diamond's brilliance.
Color
Grades a diamond's lack of color on a scale from D (colorless) to Z (light yellow). Grades D-F are considered colorless; G-J are near-colorless and offer good value.
Clarity
Measures the presence of internal inclusions or surface blemishes. Grades range from Flawless (FL) to Included (I3). Most inclusions in VS2 and above are invisible to the naked eye.

Related Price Categories

Explore adjacent carat ranges and shapes to compare market shifts.

Tracking Natural inventory for the 0.40–0.49 carat Cushion diamond benchmark.