2.2 Carat Oval Lab Grown Diamond Prices Comparison

As of May 2026, 2.2 carat oval lab grown diamonds usually range from $360 to $11,456, with an average price of $2,203.In the last month, prices for these diamonds are down 6.2%.Compare 866 verified listings across 11 retailers tracked by CaratRadar.

Market Insights
Last updated: 2026-05-29

2.2 Carat Oval Lab Grown Diamond Market Overview

CaratRadar currently tracks 866 verified 2.2-carat oval lab grown diamonds listed across 11 online retailers. Prices in this segment range from $360 to $11,456, with an average asking price of $2,203 and a median of $1,620.

The price spread of $11,096 (96.9% 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 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.

  • 866 diamonds tracked in this segment

  • Price range: $360 to $11,456

  • Average price: $2,203

  • Median price: $1,620

  • Available across 11 retailers

  • Savings potential: up to 96.9%

Price Range Overview

As of May 29, 2026
Spread $11,096

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

$360$11,456
Tracked

866

Lowest

$360

Average

$2,203

Median

$1,620

Highest

$11,456

Price History

Price Comparison Matrix

Live Listings

See all listings

Compare current retailer offers for this exact segment and open any listing for full details.

IGI | 2.23ct | Oval | H | VVS2 | Excellent
Save 77.6%

IGI | 2.23ct | Oval | H | VVS2 | Excellent

From $370

Compare at $1,650

5 stores
IGI | 2.21ct | Oval | G | VS1 | Excellent
Save 79.2%

IGI | 2.21ct | Oval | G | VS1 | Excellent

From $377

Compare at $1,810

5 stores
IGI | 2.21ct | Oval | F | VS2 | Good
Save 79.4%

IGI | 2.21ct | Oval | F | VS2 | Good

From $402

Compare at $1,950

5 stores
IGI | 2.21ct | Oval | F | VS1 | Very Good
Save 64.3%

IGI | 2.21ct | Oval | F | VS1 | Very Good

From $402

Compare at $1,127

5 stores
IGI | 2.23ct | Oval | D | SI1 | Ideal
Save 67.2%

IGI | 2.23ct | Oval | D | SI1 | Ideal

From $419

Compare at $1,277

6 stores
IGI | 2.22ct | Oval | E | VS1 | Very Good
Save 64.1%

IGI | 2.22ct | Oval | E | VS1 | Very Good

From $428

Compare at $1,191

4 stores
IGI | 2.29ct | Oval | F | VVS2 | Ideal
Save 66.5%

IGI | 2.29ct | Oval | F | VVS2 | Ideal

From $435

Compare at $1,298

4 stores
IGI | 2.24ct | Oval | F | SI1 | Ideal
Save 73.8%

IGI | 2.24ct | Oval | F | SI1 | Ideal

From $450

Compare at $1,720

5 stores
IGI | 2.29ct | Oval | F | VVS2 | Ideal
Save 65.4%

IGI | 2.29ct | Oval | F | VVS2 | Ideal

From $451

Compare at $1,302

5 stores
Save 63.4%

IGI | 2.21ct | Oval | FANCY | VS1 | Excellent

From $451

Compare at $1,231

2 stores
Save 63.3%

IGI | 2.22ct | Oval | FANCY | VS1 | Very Good

From $454

Compare at $1,237

2 stores
IGI | 2.22ct | Oval | D | VS1 | Very Good
Save 64%

IGI | 2.22ct | Oval | D | VS1 | Very Good

From $454

Compare at $1,261

3 stores
IGI | 2.21ct | Oval | G | VS2 | Very Good
Save 57.9%

IGI | 2.21ct | Oval | G | VS2 | Very Good

From $456

Compare at $1,084

6 stores
Save 63.3%

IGI | 2.24ct | Oval | FANCY | VS1 | Ideal

From $458

Compare at $1,248

2 stores
Save 63.3%

IGI | 2.25ct | Oval | FANCY | VS1 | Excellent

From $460

Compare at $1,254

2 stores
IGI | 2.28ct | Oval | D | VS1 | Ideal
Save 58.2%

IGI | 2.28ct | Oval | D | VS1 | Ideal

From $461

Compare at $1,103

2 stores
IGI | 2.21ct | Oval | E | VVS2 | Good
Save 63.5%

IGI | 2.21ct | Oval | E | VVS2 | Good

From $466

Compare at $1,275

6 stores
IGI | 2.21ct | Oval | E | VS2 | Ideal
Save 77.7%

IGI | 2.21ct | Oval | E | VS2 | Ideal

From $467

Compare at $2,090

6 stores
IGI | 2.23ct | Oval | G | VS1 | Very Good
Save 70%

IGI | 2.23ct | Oval | G | VS1 | Very Good

From $468

Compare at $1,558

4 stores
IGI | 2.24ct | Oval | E | VVS2 | Very Good
Save 63.7%

IGI | 2.24ct | Oval | E | VVS2 | Very Good

From $473

Compare at $1,304

4 stores
IGI | 2.25ct | Oval | D | VS1 | Very Good
Save 63.5%

IGI | 2.25ct | Oval | D | VS1 | Very Good

From $475

Compare at $1,302

6 stores
IGI | 2.25ct | Oval | E | VS1 | Very Good
Save 61.7%

IGI | 2.25ct | Oval | E | VS1 | Very Good

From $483

Compare at $1,260

5 stores
IGI | 2.24ct | Oval | G | VS1 | Ideal
Save 78%

IGI | 2.24ct | Oval | G | VS1 | Ideal

From $484

Compare at $2,200

7 stores
Save 69.4%

IGI | 2.29ct | Oval | E | VVS2 | Ideal

From $484

Compare at $1,581

7 stores
IGI | 2.21ct | Oval | F | VVS2 | Very Good
Save 78.7%

IGI | 2.21ct | Oval | F | VVS2 | Very Good

From $484

Compare at $2,270

8 stores
IGI | 2.21ct | Oval | E | VS1 | Very Good
Save 79.8%

IGI | 2.21ct | Oval | E | VS1 | Very Good

From $484

Compare at $2,400

9 stores
IGI | 2.22ct | Oval | F | VS1 | Very Good
Save 57.4%

IGI | 2.22ct | Oval | F | VS1 | Very Good

From $484

Compare at $1,136

4 stores
IGI | 2.22ct | Oval | E | VS1 | Excellent
Save 78.5%

IGI | 2.22ct | Oval | E | VS1 | Excellent

From $486

Compare at $2,260

9 stores
IGI | 2.25ct | Oval | G | VS1 | Very Good
Save 52.9%

IGI | 2.25ct | Oval | G | VS1 | Very Good

From $491

Compare at $1,043

5 stores
IGI | 2.23ct | Oval | F | VS1 | Very Good
Save 56.8%

IGI | 2.23ct | Oval | F | VS1 | Very Good

From $496

Compare at $1,149

4 stores
IGI | 2.24ct | Oval | G | VVS2 | Excellent
Save 78.9%

IGI | 2.24ct | Oval | G | VVS2 | Excellent

From $500

Compare at $2,370

4 stores
IGI | 2.26ct | Oval | F | VVS2 | Ideal
Save 60.6%

IGI | 2.26ct | Oval | F | VVS2 | Ideal

From $501

Compare at $1,271

7 stores
IGI | 2.29ct | Oval | F | VS1 | Ideal
Save 76.5%

IGI | 2.29ct | Oval | F | VS1 | Ideal

From $501

Compare at $2,130

8 stores
Save 63.3%

IGI | 2.21ct | Oval | FANCY | VVS2 | Ideal

From $502

Compare at $1,368

2 stores
IGI | 2.29ct | Oval | E | VVS2 | Very Good
Save 53%

IGI | 2.29ct | Oval | E | VVS2 | Very Good

From $502

Compare at $1,069

2 stores
IGI | 2.21ct | Oval | F | VVS2 | Very Good
Save 58.6%

IGI | 2.21ct | Oval | F | VVS2 | Very Good

From $502

Compare at $1,212

4 stores
IGI | 2.26ct | Oval | F | VS1 | Very Good
Save 65.9%

IGI | 2.26ct | Oval | F | VS1 | Very Good

From $503

Compare at $1,473

5 stores
IGI | 2.22ct | Oval | E | VVS2 | Very Good
Save 61.7%

IGI | 2.22ct | Oval | E | VVS2 | Very Good

From $503

Compare at $1,313

5 stores
IGI | 2.29ct | Oval | E | VS1 | Ideal
Save 68.1%

IGI | 2.29ct | Oval | E | VS1 | Ideal

From $505

Compare at $1,582

8 stores
IGI | 2.29ct | Oval | E | VS1 | Ideal
Save 68.1%

IGI | 2.29ct | Oval | E | VS1 | Ideal

From $505

Compare at $1,582

8 stores
IGI | 2.23ct | Oval | FANCY | VS1 | Excellent
Save 71.9%

IGI | 2.23ct | Oval | FANCY | VS1 | Excellent

From $507

Compare at $1,803

2 stores
IGI | 2.24ct | Oval | E | VVS2 | Excellent
Save 70%

IGI | 2.24ct | Oval | E | VVS2 | Excellent

From $507

Compare at $1,690

8 stores
IGI | 2.22ct | Oval | H | VS1 | Ideal
Save 51.1%

IGI | 2.22ct | Oval | H | VS1 | Ideal

From $510

Compare at $1,043

5 stores
IGI | 2.24ct | Oval | E | VVS2 | Very Good
Save 60.7%

IGI | 2.24ct | Oval | E | VVS2 | Very Good

From $510

Compare at $1,299

7 stores
IGI | 2.26ct | Oval | E | VVS2 | Ideal
Save 70%

IGI | 2.26ct | Oval | E | VVS2 | Ideal

From $511

Compare at $1,705

8 stores
IGI | 2.28ct | Oval | E | VS1 | Ideal
Save 77.9%

IGI | 2.28ct | Oval | E | VS1 | Ideal

From $512

Compare at $2,320

8 stores
Save 63.3%

IGI | 2.26ct | Oval | FANCY | VVS2 | Very Good

From $513

Compare at $1,399

2 stores
IGI | 2.22ct | Oval | D | VS2 | Very Good
Save 46.6%

IGI | 2.22ct | Oval | D | VS2 | Very Good

From $514

Compare at $962

5 stores
IGI | 2.27ct | Oval | F | VVS2 | Excellent
Save 61.7%

IGI | 2.27ct | Oval | F | VVS2 | Excellent

From $514

Compare at $1,343

5 stores
IGI | 2.24ct | Oval | H | VS1 | Ideal
Save 51.1%

IGI | 2.24ct | Oval | H | VS1 | Ideal

From $514

Compare at $1,051

5 stores

Entry pricing in this category starts around $360.

What to Know When Shopping for 2.2 Carat Oval Lab Grown Diamonds

  1. Always compare identical certified diamonds across retailers. Identical certificate numbers can have price differences of $11,096 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 $1,620 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. Lab-grown diamonds offer excellent value. Ensure the stone comes with a GIA or IGI certificate confirming it is laboratory-grown.
  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. Oval diamonds can appear larger than rounds of the same carat weight due to their elongated face-up area. Watch for the bow-tie effect in lower-quality cuts.

Frequently Asked Questions

We currently track 866 comparable stones in this segment. Prices start around $360 and go up to $11,456.

Based on the latest market data, the average asking price is about $2,203 with a median around $1,620.

The observed spread is roughly $11,096 across tracked listings, which is about 96.9% from highest to lowest offer in this bucket.

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

Based on completed market data, the fair market benchmark is $2,203. The median price is $1,620, 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 11 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 $11,096 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 Lab Grown inventory for 2.2 carat Oval diamonds.