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Kate Middleton's engagement ring cost Â£28,000 when bought by Prince Charles for Diana in 1981. Kate Middleton's engagement ring cost Â£28,000 when it was bought by Prince Charles for the then Diana Spencer in February 1981. In today's prices the oval 18-carat blue sapphire surrounded by 14 diamonds would cost Â£85,000 - although Diana's is priceless.
And looking at a roundup of other celebrity engagement rings from Glamour, it looks like Meghan's ring is probably between three and five carats, which range from around fifty thousand to north of a hundred thousand. So Meghan's ring is probably worth something in that range.