How you can get a ring like Meghan Markle — for a fraction of the cost

LOVE Meghan Markle’s new sparkler, but don’t have the royal budget? Here’s how to get a lookalike for a fraction of the price.

The $460,000 sparkler everyone is talking about. Picture: Daniel Leal-Olivas

THE Royal Engagement has finally been announced and now the world has its eyes on The Ring.

Prince Harry popped the question to bride-to-be Meghan Markle with a priceless sparkler made by the official jewellers to Queen Elizabeth, Cleave and Company.

The gold band is accompanied by a trio of diamonds, and all three have a special place in the young royal’s heart.

The largest diamond was sourced from Botswana, where Harry and Meghan first holidayed together as a couple.

The other two stones belonged to Princess Diana, who passed away when Harry was 12.

Prince Harry designed the ring himself and, according to time.com, experts believe the Suits star’s ring could be worth up to $US350,000 ($A460,000).

So, what happens if you are a fan of the style, but don’t have the royal budget to match?

Here’s where you can find a ring just like Meghan’s — for a fraction of the cost.

1. MICHAEL HILL

Aussie jeweller Michael Hill is selling a lookalike ring for a much more reasonable $7059.

The engagement ring is made from 18-carat white and yellow gold with one-carat diamonds.

Michael Hill has a ring just like Meghan Markle's

2. PROUDS

Even more affordable is Proud’s nine-carat gold Diamond Trilogy Ring.

It’s a steal at $1799.

Proud's engagement ring costs $1799

3. GOLDMARK

Goldmark’s take on the traditional trilogy ring will set you back $599.

Goldmark's trilogy ring costs $599

4. ANGUS & COOTE

Angus & Coote’s nine-carat Gold Diamond Round Brilliant Cut Cluster Trilogy Ring can be yours for $1599.

Angus & Coote's gold trilogy ring.

5. LARSEN JEWELLERY

Larsen Jewellery has an engagement ring semi bezel set with brilliant cut diamonds and an 18-carat gold band for $2570.

Larsen Jewellery's engagement ring semi bezel set

6. ARGOS

If you have any mates in the UK, they can pick you up a lookalike ring from Argos for just £32.99 ($A57.80), The Sun reports. The ring is made from cubic zirconia, not diamonds — but who can tell the difference, really?

Argos is selling a knock-off of Meghan Markle's engagement ring for just £32.99