When searching for the best security system that fits all your needs you will have to consider, how much is it going to cost?. Pricing out a home security system can be difficult and confusing. There are important costs to consider before acquiring a security system for your home. Much of what goes into the cost of home security systems is the equipment this may also include 24/7 professional monitoring services, security camera cloud storage, and the ability to control your home security system using the security provider’s mobile app.
The average upfront of a home security system ranges between $250 and $1.500+. These costs include equipment, installation, and activation fees. You can avoid having a similar negative experience by understanding the different costs you may encounter. You can recognize the types of costs so you can avoid unnecessary charges.
Wired VS Wireless home security systems
Wired Security
But there are a few factors to consider with wired home security systems. Wired systems often require a contract to lease the security equipment and any additional professional monitoring services.
Wireless Security
Home security costs to consider
Professional installation
Some home security systems require a technician to professionally install your home’s security equipment. After you schedule the installation appointment, you won’t have to worry about spending time wiring or drilling to install your home security system. However, professional installation can cost over $200 but may be discounted depending on the security provider or equipment purchased.
Smart home automation
Some home security companies offer plans to connect home automation equipment such as smart locks and smart lights. You’ll be able to create routines to automatically turn lights on or turn your home’s smart thermostat temperature down when you leave for work. Home security companies normally offer smart home automation capabilities at an additional cost.
Professional monitoring
Professional monitoring over your home 24/7, there’s an additional monthly fee. If a sensor is triggered, the monitoring center will contact you to alert you of any suspicious activity. Professional monitoring can start at $14.99/mo. for DIY home security systems and $28.99/month. Keep in mind, professional monitoring often requires a contract, but some month-to-month plans are becoming more popular.
24/7 camera footage
Home security companies offer continuous video recording (CVR) to record and store all of your security camera’s footage so you never miss a moment. Normally, security cameras only record motion-triggered activity – which is only a few minutes.
Security equipment
Security equipment adds up the cost of all the security equipment you’ll need to help protect your home. This often includes any security cameras, sensors, and control panels. Depending on your home security system choice, you will pay a monthly fee to rent the equipment for a time frame.
System activation
You will also want to factor in any activation fees to turn your equipment on. Activation fees are often included with installation and can range from a one-time fee up to $100.