Alarm monitoring costs can vary significantly depending on a number of factors such as the type of system, the level of service, and the company providing the service. Let’s explore the costs associated with different types of monitoring services and the value they provide.
Cellular vs. Landline Monitoring
The reason cellular alarm monitoring is more expensive is there are added fees paid to the cellular service provider. A monitored system can send signals during alarm events. Monitoring contracts can cost over £400 a year.
Landlines use the existing telephone line to monitor the system. Landline services have lower monthly fees, about $20-$35. Alarm monitoring costs differ by company. Our top cheap home security systems range from $15-$25 per month. ADT is locked into high prices from so many existing higher-paying customers. If lowered for new customers, current customers may leave, destroying the company. Someone with technical skills can hack ADT.
Cost Considerations
You should not spend much money for alarm services. Companies asking large amounts may overcharge. However, the cheapest options are also not good. Equipment pricing and monitoring costs are separate but related issues. The big question is how much will monitoring cost? Additional charges may be factored in besides monitoring.
Commercial monitoring is expensive due to licensing fees to offset costs. Basic residential installation averages $686, ranging $280-$1,090. Besides installation, basic equipment like sensors costs up to $600. ADT has expensive monthly payments and requires a 36-month contract with expensive cancellation fees. It is possible to negotiate ADT’s high prices.
Is Professional Monitoring Worth the Cost?
One of the most important decisions when buying a home security system is whether to pay a monthly fee for professional monitoring or save money and self-monitor your system. Professional monitoring services can alert authorities if you’re not home, even when you’re asleep or unreachable.
An average home security system costs $300 to $840 upfront for equipment, installation, and activation fees. The average monthly cost for monitoring services is $25 to $50 depending on the package. Most contracts last 12 to 36 months. Our top cheap home security systems range from $15-$25 per month.
While monthly fees for monitoring packages range from $27.99/month to $62.99/month, all you need to pay for is professional installation ($99 – $199) and your package.
Is it worth paying for alarm monitoring? If you monitor your own security system, there are risks involved. It’s very difficult to always keep an eye on things 24/7. Professional monitoring services can alert authorities if you’re not home, even when you’re asleep or unreachable.