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A good home security system can bring you peace of mind when it comes to the safety and security of your family and belongings. That’s why most people who have them insist they’re worth every penny. But if you’re thinking of having one installed, you might be wondering about the average cost of a home security system.
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Then, of course, there’s the decision of which security system to go with, and which features are a must-have and which you can skip. Learn how much you can expect to pay when it comes to security system cost, and how to choose the right one for your needs.
Average Cost of a Home Security System
Home Security Pricing
It’s important to know that the security system cost is broken into three parts:
- Cost of equipment
- Home security system monthly cost
- Activation and installation cost
In the table above, we’ve broken down the security system cost into those three parts for easy reference. Below, we’ll take a look at exactly what’s included in these costs.
Home Security System Equipment Cost
When it comes to home security equipment, no two systems are alike. Some come with bare-bones offerings while others offer robust packages with cameras and smart doorbells. Still, others boast à la carte offerings that allow you to pick and 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.
Home Security System Monthly Cost
All home security systems charge a monthly fee for monitoring services. The home security system monthly cost typically ranges from about $10 to $50with prices varying depending on the amount of equipment being monitored, and how advanced the services are.
Home Security Alarm System Activation Fees
When your system is installed, you’ll pay a fee for this, along with activation. The prices vary based on which brand you purchase, and while some security systems don’t have activation fees, others can cost as much as $200 to $300.
Security System Installation: Professional or DIY
The cost and ease of security system installation will vary greatly depending on the type of security system that you choose, namely, wired or wireless. A wireless camera is generally easy to install on your own, depending on where you want it to be placed. On the other hand, you may want to hire a profession to install a wired camera security system for you, as this involves drilling holes and running wires around your home. It will typically cost two to three times more for a professional to install a wired system vs. a wireless one.
Wired vs. Wireless Alarm Cost
Several of the older home security systems, like ADT and Brinks, offer wired alarm systems. Advantages of wired systems include not having to worry about hackers, which are common on wireless systems, and greater reliability in areas with poor cellular signals. The average cost of a home security system that’s wired is between $800 and $1,600.
Wireless systems are the latest and greatest offering in home security, with everything controlled by a smart device. These systems include advanced features that often extend the scope of home security into remote management like turning lights on and off, controlling temperature and locking or unlocking doors from afar.
Another major advantage of a wireless home security system is that a potential intruder can’t disable the system by cutting phone lines, which is possible on a wired system. The average cost of a wireless home security system ranges between $200 and $2,000.
Home Security System Installation Costs
If you opt to have a home security system on your property, many require a one-time activation and installation fee. Check with the manufacturer, since some security systems, like Ring and SimpliSafe, don’t require this type of fee. Others keep it low and offset this by charging a slightly higher monthly fee. The home security system installation costs vary among the available systems, but in general, you can expect to pay anywhere from $0 to $199.
Hiring a Home Security Company
It’s a big decision to have a home security system installed. And it’s an even bigger decision to figure out which company to choose. Of course, you’ll have to factor in the security system cost, but there’s also the installation costs to consider, along with the monthly fee. But one of the biggest things you should think about when hiring a home security company is what features each offer.
Below, we’ve listed a few of the major home security systems along with some of our favorite features.
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 home security system cost for ADT ranges from $37 to $53 per month.
Offering a complete line of home security products that function together on one app, Vivint can fully protect both your home and your car. Fully app-enabled, the system can lock and unlock your doors on a pre-set schedule. The home security system monthly cost for Vivint ranges from $30 to $50 per month.
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 costs for Ring include $199 to $599 for the equipment, and a monthly monitoring fee of $10.
Frontpoint offers top-of-the-line home security protection with a combination of wired and wireless services. Compatible with a range of smart devices including both iOS and Android, Frontpoint sends informed warnings that detect real threats instead of reporting typical activities. The home security system monthly cost for Frontpoint is between $45 and $50.
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Simplisafe home monitoring system provides monthly monitoring for $15 to $25. A host of other features are available at à la carte pricing, from window protection to hazard sensors.
Frequently Asked Questions (FAQs)
Which is the best home security system?
The best home security system for you will depend on your specific space and security needs. There are so many different security systems on the market, so be sure to do your research to find the best security company and system for you.
Is a home security system worth it?
It’s certainly worth it to have a home security system. There’s a home break-in every 15 seconds in the United States. What’s more, they almost always occur during broad daylight. There’s nothing that can deter a potential burglar more than the familiar beep of a home security system or another typical way to prevent home invasion. So, if you can afford it and you’d like to have an increased sense of safety, you can’t go wrong with a home security system.
I have an old home. Can I still get a home security system?
There’s no dwelling place a home security system can’t protect these days. Gone are the days of systems that require extensive wiring. If you own or rent an older home that doesn’t have the wiring needed for a wired home security system, it’s likely more effective for you to search for a wireless system, assuming you have decent cellular coverage in your home. Today’s wireless systems often come with enhanced security features, which can keep you safe from both physical intruders and cyber threats as well. And they do a great job of providing security for your home that can be managed from an app.