Yes, lab-grown diamonds are affordable. They are typically 20-30% less expensive than mined diamonds of the same size, colour, clarity, and cut.
For example, a 1-carat, colourless, VVS1 clarity, round brilliant lab-grown diamond can cost around $2,000 to $3,000. A 1-carat, colourless, VVS1 clarity, round brilliant mined diamond can cost around $3,000 to $4,000.
The price of lab-grown diamonds can vary depending on the supplier and the specific diamond. It is always a good idea to do your research and compare prices from different suppliers before you make a purchase.