How Much is a Home Security System Going to Cost Me?

A home security system is one of the effective ways of preventing burglars and also making sure your home is safe. However, how much does a home security system cost? The costs can indeed differ depending on the type of system, the components that come with it if you pay cash or take out a loan, and the level of monitoring. This guide will be a breakdown of the implications of cost, to help you establish the amount you should spend on home security.

Upfront Equipment Costs

The initial investment costs encompass all the physical parts that would be incorporated into your home regarding the security system. These include the control panel, motion sensors, door/window sensors, cameras, smoke detectors, keypads, and others. Generally, you can expect to pay: Generally, you can expect to pay:

  • Basic system: $100-$500

  • Intermediate system: $500-$1500

  • Advanced system: $1500+

    The higher the number of components as well as capabilities of the system the higher the prices of equipment required. For instance, the installation of outdoor cameras, smoke detectors, and carbon monoxide monitors will likely lead to higher costs. Some of the top-end systems that provide video surveillance, home automation compatibility, and high-definition cameras also are expensive.

    Monitoring Services

    Many home security providers also provide surveillance services which are paid services and cost extra dollars monthly. This links your home security system to a central monitoring station that would call the necessary authorities in case of an alert. Monitoring plans are priced based on the level of service: Monitoring plans are priced based on the level of service:

  • Basic monitoring: $15- $40 monthly

  • Interactive monitoring: $40-$60 per month

  • Video monitoring: $50–$100 per month

    The interactive monitoring initiates communication between the monitoring guards and potential emergencies through the system. Video monitoring also allows the monitoring center to view real-time video feeds from cameras inside and outside the home to physically verify burglaries and dispatch security personnel.

    Installation Cost

    If you are not willing to bother with putting in all the system hardware and wiring yourself, then you will also have to consider installation costs. Some companies offer free installation when you sign up for the monitoring service while others may charge anything between $99 and $250 for the installation.

    DIY vs Pro Installation

    By doing it yourself, you can potentially save on installation costs which are detailed above in the various package options. Now, the systems installed are such that can be installed by the user himself or herself. To this effect, it is advisable to only use recognized vendors like SimpliSafe, Ring, Abode, and Scout that provide DIY equipment with simple user guides.

    But of course, professional installation comes with its perks. The installers will be able to give the best advice concerning the most suitable location for sensors and cameras. You also get to avoid dealing with some of the operational details such as the installation of various equipment. The cost for Pro installation is between $99 and $250 on average.

    Warranty Considerations

    Before signing up for a home security system, ensure that you review the warranties and guarantee options provided for the plans. Most DIY providers provide 30 days trial period. Holding longer equipment performance warranties can help reduce the risks involved in initial equipment expenditures. Warranties offered by most reputable firms are typically within a three to five-year range.

    Financing Options

    Unlike in the past when one had to spend hundreds, if not thousands of dollars to have home security installed, most people use credit to pay for the systems. Financing distributes the cost of equipment and installation through monthly installments. Terms can be anywhere from two to five years. Similar to a Car or mortgage payment, alarm systems too can be financed.

    Purchasing equipment from companies like ADT and Vivint means that the initial cost of equipment is relatively low, but then you are tied into a longer monitoring plan which could range from three to five years. You will keep on paying a monthly price until the contract period expires, whereby you may have to buy the equipment. When it comes to alarm monitoring, make sure that you understand the terms of the contract before signing on the dotted line.

    How Much Would It Cost to Install a Home Security System?

    On a national level, homeowners have stated that they spent an average of $878 in getting a home security system installed, as stated by HomeAdvisor. The average cost of installing wireless home security systems is $500.

    Some of the main aspects that define the price level of overall security system installation include home size, equipment required, provider, additional options, and customizations. Homeowners paid the following prices for installation by system type: Homeowners paid the following prices for installation by system type:

  • The cost of installing basic systems comes in the range of $100 to $250.

  • $250 to $350 for moderately equipped systems

  • Range from $350 to $1000+ for elaborate systems with cameras, smoke detectors, sensors, and expensive equipment.

    Extra costs may be incurred for existing systems that do not include monitoring services from the current provider. You will either strip the old system before installing the new one or connect it to the new system. The latter is relatively expensive because of the coordination of the equipment, panels, and keypads from different vendors.

    How much does professional monitoring cost per month?

    HomeAdvisor states that homeowners incur between $30 to $50 monthly costs for professional monitoring. For enhanced monitoring features and video surveillance, the monthly monitoring fees may range from $50 to $100.

    If you are to compare the costs, then be careful with the subscription models that are usually offered for one to five years. The provider may add service guarantees and set attractive fixed rates for services in exchange for longer service contract terms. Additionally, inquire about the possibility of having your rates increase after the contract term has been signed.

    Can You Install a Security System Yourself?

    DIY and technical abilities enable homeowners who want to have home security systems to install the home security equipment by themselves. Companies such as SimpliSafe, Ring, Scout, and Abode have equipment that is easy to install by the user. Their systems are accompanied by guidelines and user-friendly applications that will assist you in tasks like connecting sensors and configuring alarms.

    Generally, expect to dedicate two to six hours if you are installing a rudimentary DIY home security system. The process involves:

  1. Placing the control panel and coordinating peripherals such as motion sensors, entry detectors, and cameras

  2. Mounting cameras and sensors

  3. Customizing programming notifications, equipment, alarms, sensitivity levels, and compatibility with other smart devices

    To avoid all this, a professional installation can be done through companies like Protect America and Frontpoint among others. But it does cost extra, which can be anywhere from $99 to $250. The security consultant is responsible for product suggestions, location, installation, compatibility with smart home systems, and problem-solving.

    Key Takeaways

    Security systems at home call for a lot of expenses at the initial stages. But the JSapeno to long-term safety and security are far greater than the costs. It is recommended that you take some time and research the kind of services and products that you are paying for. Here are some closing tips when budgeting for a home security system: Here are some closing tips when budgeting for a home security system:

    -CLA expects to spend $500 to $1500 Or more for equipment such as sensors, cameras, panels, and detectors. Thus, high-end systems with better cameras, home automation capabilities, and add-ons are priced at $1500 and above.

  • Prices range between $15 and $100+ per month depending on the kind of monitoring that you opt for. Allocate more resources for interactive video monitoring and those facilities that have more than one camera.

  • Installation fees increase costs by $100 to $250 on average. DIY installation is cheaper in terms of labor but calls for appropriate knowledge and time to install.

  • The selection of the monitoring contracts should be done very carefully. While the multiyear contracts provide the lower monthly rates they remove Flexibility if one wants to change service providers. Also, verify information about other important aspects such as automatic rate increases after the first year.

  • Those that offer extended trial periods and equipment performance warranty offer a higher When you purchase, try to calculate costs per total five-year AiSpsl instead of chasing low initial equipment price. Home security is one of the best investments one can make as it offers great relief. This means that when you begin to plan and decide on a system, it will be possible to get maximum value and customization for your money within the set budget.

  • Protect your home today with ADT’s top-rated security solutions!

    Call now at +1 877-470-7879 to get a free consultation and find out how you can secure your home with the best in the business. Don’t wait—ensure your peace of mind with ADT!