Wow! Miley Cyrus‘ engagement ring is estimated to have cost $250,000. The 3.5 carat diamond ring is set in 18k gold and includes a diamond from the 19th century. While this might seem like a huge amount of money for an engagement ring, lets not forget that Miley’s fellow former Disney star Hilary Duff is rocking a $1 million engagement ring!
Check out a close-up photo of Miley’s engagement ring here.