Average cost of a home security system – Forbes Advisor

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A good home security system can give you peace of mind when it comes to the safety of your family and property. This is why most people who have them insist that they are worth every penny. But if you are considering having one installed, you might be wondering what the average cost of a home security system is.

Then, of course, there is the decision of which security system to use, which features you need and which ones you can ignore. Find out how much you can expect to pay in terms of the cost of the security system and how to choose the one that best suits your needs.

Average cost of a home security system

Home security award

It is important to know that the cost of the security system is divided into three parts:

  • Equipment cost
  • Monthly cost of home security system
  • Activation and installation cost

In the table above, we have broken down the cost of the security system into these three parts for easy reference. Below we will see exactly what is included in these costs.

Cost of home security system equipment

When it comes to home security equipment, no two systems are the same. Some have simple deals, while others have sturdy packages with cameras and smart doorbells. Still, others have pay-per-view offers that let you choose what you need to keep your home safe. Home security equipment costs can vary from $ 0 (with purchase of a contract) to more than $ 600 for an advanced security package.

Monthly cost of home security system

All home security systems charge a monthly fee for monitoring services. The monthly cost of the home security system typically varies from about $ 10 to $ 50, with prices varying according to the quantity of equipment monitored and the progress of the services.

Home security alarm system activation fee

When your system is installed, you will pay a fee for it, as well as the activation. Prices vary depending on the brand you buy, and while some security systems don’t have an activation fee, others can cost as much as $ 200 to $ 300.

Cost of wired or wireless alarm

Wired

Many of the older home security systems, like ADT and Brinks, offer wired alarm systems. The advantages of wired systems include no need to worry about hackers, which are common on wireless systems, and greater reliability in areas with weak cellular signals. The average cost of a wired home security system is between $ 800 and $ 1,600.

Wireless

Wireless systems are the latest and greatest in home security, all controlled by a smart device. These systems include advanced features that often extend the reach of home security to remote management, such as turning lights on and off, controlling the temperature, and locking or unlocking doors remotely.

Another major advantage of a wireless home security system is that a potential intruder cannot disable the system by cutting the phone lines, which is possible on a wired system. The average cost of a wireless home security system is between $ 200 and $ 2,000.

Home security system installation costs

If you choose to have a home security system on your property, many require one-time activation and installation fees. Check with the manufacturer, as some security systems, such as Ring and SimpliSafe, do not require this type of fee. Others keep it low and compensate for that by charging slightly higher monthly fees. Home security system installation costs vary with the systems available, but in general you can expect to pay anywhere from $ 0 to $ 199.

Hire a home security company

It is an important decision to have a home security system installed. And it’s an even bigger decision which company to choose. Of course, you will need to factor in the cost of the security system, but there are also the installation costs to consider, as well as the monthly fee. But one of the most important things that you need to think about when hiring a home security company is to know what the characteristics of each offering are.

Below, we’ve listed some of the top home security systems along with some of our favorite features.

ADT

ADT is a popular security company that offers a range of customization options. Advanced features include smart monitoring, fire and carbon monoxide monitoring, and three levels of service offerings. The cost of the home security system for ADT varies from $ 37 to $ 53 per month.

lively

Offering a full line of home security products that work together on a single app, Vivint can fully protect your home and car. Fully compatible with applications, the system can lock and unlock your doors according to a predefined schedule. The monthly cost of the home security system for Vivint varies from $ 30 to $ 50 per month.

Ring

Amazon’s home security offering has grown in popularity due to its full range of features, including simple DIY installation and low monthly monitoring prices. The Home Security Fee for Ring includes $ 199 to $ 599 for the equipment, and a monthly monitoring fee of $ 10.

Frontpoint

Frontpoint offers premium home security protection with a combination of wired and wireless services. Compatible with a range of smart devices, including iOS and Android, Frontpoint sends informed warnings that detect real threats instead of reporting typical activity. The monthly cost of the Home Security System for Frontpoint is between $ 45 and $ 50.

Simplicity

Simplisafe Home Monitoring System provides monthly monitoring for $ 15 to $ 25. A host of other features are available at pay-per-view prices, from window protection to hazard sensors.

Frequently Asked Questions (FAQ)

Is A Home Security System Worth It?

It is definitely worth having a home security system. There is a burglary every 15 seconds in the United States. In addition, they almost always occur in broad daylight. There is nothing that can deter a potential burglar more than the familiar beep of a home security system or some other typical way to prevent a home invasion. So if you can afford it and want an added sense of security, you can’t go wrong with a home security system.

I have an old house. Can I still get a home security system?

There is no place to live that a home security system cannot protect today. Gone are the days of systems that require extensive wiring. If you own or rent an older home that doesn’t have the necessary wiring for a wired home security system, it’s probably more profitable for you to research a wireless system, assuming you have decent cell coverage in your home. . Today’s wireless systems often come with enhanced security features, which can protect you from both physical intruders and cyber threats. And they do a great job of keeping your home safe which can be managed from an app.


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