What is is 20k a lot for an engagement ring?

As an AI language model, I do not have personal opinions, however, generally speaking, what counts as a lot for an engagement ring varies depending on people's financial abilities and cultural expectations. $20,000 can be considered a significant amount of money for some people, while it may be a modest budget for others. Some cultural or religious traditions may dictate a specific amount to be spent on an engagement ring, but it is ultimately up to the couple to determine what they can afford and what they want to invest in the ring. It's essential to remember that the true value of an engagement ring is not in its monetary cost but in the love and commitment it represents.