There are many good reasons to invest in a home alarm system, but you are likely wondering how much it is going to cost you. As with most investments, it really depends on what system you choose, and which bells and whistles you select to go with it. Depending on what equipment you purchase, it can be as low as $100 up to a little more than $1,000.
To decide if you should spend more or less on a home security system, you first need to assess the crime in the area in which you live and what you are trying to protect. If you have a lot of valuables and a gun and you live in a high-crime area, you will likely want to spend more on a very high-quality home alarm system.
It is a good idea to research hardwired and wireless alarm systems to determine which type is best for you and your needs. Hardwired systems require more time to install and usually require a professional to do the installation. This costs more money, but something to keep in mind is that hardwired alarm systems are more difficult to disable than wireless systems. Wireless alarm systems can be just as reliable as hardwire systems, though, and can cost around $100 to $500.
Something else to determine when purchasing an alarm system is if you would like it to be monitored or unmonitored. Depending on if you install your alarm system yourself, it can be around $9 a month to have it monitored. If you purchase your home alarm system from a third-party vendor then it can be around $25 per month to have it monitored. Again, when deciding on an alarm system, be sure to assess your needs before making a decision.
