How much does a 5.00ct+ I VS1 lab grown princess diamond cost?

As of September 2026, 5.00ct+ I VS1 lab grown princess diamonds typically cost $1,921 NZD to $24,945 NZD, with a median price of $5,926 NZD. There are currently 32 diamonds matching this specification available across retailers.

Where can I find the best price on a I VS1 princess diamond?

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5.00ct+ I VS1 Lab Grown Princess

Quick answer

As of September 2026, there are 32 lab grown princess diamonds with I colour and VS1 clarity in the 5.00ct+ range available across retailers worldwide. Prices typically run $1,921 NZD to $24,945 NZD, with a median of $5,926 NZD. At least 21 retailers stock this exact specification. Half of all listings fall between $508 NZD and $1,405 NZD per carat. The same specification in natural form lists at a median of about $21,638 NZD per carat.

Three of the best scored stones at this specification right now:

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. Princess lab grown stones in the index: 481 USD per carat, -7.3% month on month. See the full index release

Figures come from live listings across more than 100 retailers and refresh daily. The index is a monthly release.

Last updated: September 2026

Available

Lowest Price

$974 NZD

Highest Price

$83,016 NZD

Average Price

$11,202 NZD

Market Intelligence

Retailers Selling

Price Spread

118.4%

Price Range

Price per carat distribution across retailers

$441/ct

10th Percentile

$230

Median

$441

90th Percentile

$1,395

Score Distribution

32 diamonds scored across 4 quality tiers

Excellent

5 (15.6%)

Very Good

10 (31.3%)

Good

4 (12.5%)

Average

13 (40.6%)

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Consider Instead

Save money without compromising on what matters. These alternatives are visually similar but cost less.

J VS1J colour is visually identical to I to the naked eye

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Related Specifications

D IF D VVS1 D VVS2 D VS1 D VS2 D SI1 E IF E VVS1 E VVS2 E VS1 E VS2 E SI1 F IF F VVS1 F VVS2 F VS1 F VS2 F SI1 G IF G VVS1 G VVS2 G VS1 G VS2 G SI1 H IF H VVS1 H VVS2 H VS1 H VS2 H SI1 I IF I VVS1 I VVS2 I VS1 I VS2 I SI1