![]() Higher-priced systems can have better value, but not always. While the price of a home security system varies, it’s important to understand the difference between value and cost. Before you purchase any extra equipment, confirm that the system can support additional devices and be sure that you don’t need to purchase extra storage or camera footage. Some providers will even offer you a discount on extra devices if you want to purchase additional equipment to round out your package. Most providers will offer a range of packages with preset equipment. Luckily, some providers offer regular discounts or even give you the option to lease your equipment instead of purchasing it upfront. Upfront equipment costs can be pricey, ranging from $100 to over $1,000. Security equipment encompasses everything from the base pad to security cameras, motion detectors, and more. ![]() This can be especially helpful if you miss an alert or notification while you’re away from home. Instead of being responsible for reaching out to the proper emergency services, the monitoring center will do it on your behalf. If a sensor is triggered, your professional monitor will contact you first before alerting emergency services. If you opt for professional monitoring, security experts watch over your home 24/7. Professional monitoring comes at a cost, but it also has its perks. ![]() Occasionally, this fee is bundled with the installation fee. Many providers charge a one-time fee once you activate your system, which may be hidden in the fine print. While DIY installation is free, you won’t benefit from a security technician’s expertise, which can come in handy if you have limited home security knowledge. Some home security companies will give you the choice between professional installation by a vetted security expert or DIY installation. Getting your home security system professionally installed-instead of doing DIY setup-comes with a cost. Unfortunately, the price can vary dramatically based on the security package you select. Equipment costs will account for most of your upfront charges. Some equipment costs are also bundled with your contract. ![]() Most providers charge for equipment upfront, but some will let you finance your devices. This is the total amount your home security equipment will cost you. You can expect to pay a monthly fee if you want your home to be professionally monitored by trained security experts. There are several home security costs that you should consider to understand the potential cost of your system, including monitoring and equipment costs. ![]()
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