Whether you favor chandeliers, jeweled drops or graphic neon pairs, statement earrings are a big deal right now. Capable of elevating a simple jeans-and-tee ensemble, they negate the need for any additional baubles and serve as a perfect conversation starter.

Of course, all that ornamentation can get pretty pricey. That's why we rounded up 15 awesome statement earrings that cost less that $50 each. Click through to shop them all—and give your jewelry box a wallet-friendly overhaul.

More on Luckymag.com:

• Eleven Striped Styles Under $50
• 12 Wonderful Wallets Under $50
• 10 Statement Pants Under $50
• 50 Menswear-Inspired Pieces Under $50
• 50 White Dresses Under $50

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