5 Carat Diamond Prices in Canada

How much does a 5 carat diamond cost in Canada? Live CAD pricing across 100+ retailers, refreshed daily.

Last updated 15 September 2026·Based on 1,201,469 active listings

Caratlytics Diamond Price Index, August 2026: natural diamonds at 2,184 USD per carat and lab-grown at 464 USD per carat, a natural to lab ratio of 4.7 to 1. See the full index release

Total listings
1,201,469
Typical natural (CAD)
$134,338 CAD
$26,470/ct
Typical range $17,884/ct$39,650/ct
Typical lab-grown (CAD)
$3,072 CAD
$605/ct
Typical range $383/ct$1,229/ct
Lab vs natural at this carat
Natural diamonds at this carat trade at 43.7× lab-grown prices, so picking lab-grown saves around 98% per stone at the same shape, colour and clarity.

Top 5-carat diamonds available now

The highest-scoring stones at exactly 5 carat the market is currently offering, by origin. Click any to see the full diamond.

What a 5 Carat Diamond Actually Costs

5 carat sits between the headline milestone weights, which is where most of the genuine value lives in the diamond market. Retailers carry fewer stones at this weight, but the ones they do carry are priced more competitively because they can't ride the psychological premium of 1ct, 2ct, 3ct and so on.

We're tracking 1,201,469 active listings at 5 carat right now. A typical natural diamond in this range costs around $134,338 CAD while the lab-grown equivalent sits at roughly $3,072 CAD, about a 43.7× ratio. That gap is normal because lab-grown has been trending down in price steadily while natural holds value.

ROUND accounts for about 25% of 5 carat inventory. Consistent with round being the classic engagement ring choice. Fancy shapes (oval, pear, cushion) trade at slight discounts per carat compared to round, partly because they use more of the original rough crystal so they're cheaper to produce.

At 5 carat, the sweet spot for most buyers is E color with VS1 clarity. This combination is eye-clean, face-up indistinguishable from a D/FL on paper, and typically costs 40-60% less. The money you save there is far better spent on cut grade. Excellent or Ideal. Because cut drives sparkle more than any other single grade.

Breakdown by Shape

ShapeOriginListingsMedian (CAD)
ROUNDlab grown282,331$548/ct
OVALlab grown222,811$565/ct
EMERALDlab grown148,972$619/ct
PEARlab grown143,686$609/ct
RADIANTlab grown126,034$636/ct
CUSHIONlab grown98,794$750/ct
PRINCESSlab grown45,514$667/ct
MARQUISElab grown43,385$667/ct
HEARTlab grown25,027$658/ct
ASSCHERlab grown19,912$780/ct
ROUNDnatural18,451$27,129/ct
EMERALDnatural5,953$28,121/ct
OVALnatural5,292$28,853/ct
OTHERlab grown4,986$1,358/ct
CUSHIONnatural4,216$25,416/ct
PEARnatural3,477$24,925/ct
PRINCESSnatural1,023$17,828/ct
RADIANTnatural568$15,007/ct
TRILLIONlab grown336$931/ct
SQ_RADIANTlab grown139$907/ct
HEARTnatural139$16,264/ct
MARQUISEnatural120$27,391/ct
BAGUETTElab grown111$1,219/ct
OTHERnatural97$23,215/ct
ASSCHERnatural47$17,981/ct
TRILLIONnatural25$16,261/ct
SQ_RADIANTnatural13$12,162/ct

Breakdown by Color

GradeOriginListingsMedian (CAD)
Dnatural2,287$46,430/ct
Dlab grown125,089$1,497/ct
Dunknown4$2,354/ct
Enatural3,790$44,388/ct
Elab grown461,915$588/ct
Eunknown3$982/ct
Fnatural4,147$42,094/ct
Flab grown435,177$527/ct
Funknown2$917/ct
Gnatural5,614$35,585/ct
Glab grown115,399$501/ct
Hnatural5,830$28,845/ct
Hlab grown20,958$789/ct
Inatural7,793$22,871/ct
Ilab grown3,054$2,054/ct
Jnatural6,242$18,340/ct
Jlab grown281$1,232/ct
Knatural1,622$12,259/ct
Klab grown69$763/ct
Kunknown1$26,267/ct

Breakdown by Clarity

GradeOriginListingsMedian (CAD)
FLnatural40$70,066/ct
FLlab grown12,529$5,676/ct
IFlab grown15,993$4,341/ct
IFunknown1$4,598/ct
IFnatural259$23,185/ct
VVS1lab grown57,392$1,651/ct
VVS1unknown1$3,514/ct
VVS1natural2,669$37,367/ct
VVS2unknown4$1,180/ct
VVS2natural4,661$33,181/ct
VVS2lab grown618,599$558/ct
VS1natural8,787$31,091/ct
VS1lab grown363,314$565/ct
VS1unknown1$1,052/ct
VS2natural9,331$30,933/ct
VS2lab grown85,873$612/ct
VS2unknown3$783/ct
SI1lab grown7,863$426/ct
SI1natural7,755$23,441/ct
SI2natural5,349$18,405/ct
SI2lab grown454$460/ct
I1lab grown17$541/ct
I1natural422$7,677/ct
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