Fiancee is culinary school grad Nicole Jaracz

With Drew Carey stepping in as the host of "The Price Is Right," he's also entering a new era in his personal life.

The actor, comedian and host extraordinaire proposed to and was accepted by his new fiancee, Nicole Jaracz, on Tuesday, Oct. 9, reports People.

"It will be the first marriage for both. No date for a wedding has been set yet," said publicist Christina Papadopoulos in a rather dry statement. "They are both very happy and excited about their future together."

Jaracz recently graduated from culinary school.

Carey, 49, officially replaces Bob Barker when he debuts as the host of "The Price Is Right" on Monday, Oct. 15. He will also reprise his duties as host for "The Power of 10" game show when it returns sometime midseason.