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As highlighted in the New York Times articles on SimpliSafe, many home security systems require up to a three year contract that can costthousandsof dollars, and often have add on fees that raise the actual cost of the service from what is stated as the monthly home security monitoring fee. SimpliSafe requires no such contract and no auto renewal fees. Another important difference between SimpliSafe and some of the more traditional home security systems is that SimpliSafe is 100% wireless. Not only does that mean a less expensive and difficult installation process, but more importantly the system cannot be shut down by a clever thief with wire cutters. In fact, the home security installation is so simple that the customer can begin installing the system in as littleas 5 minutes, as shown in a helpful video on the website. This is a nice incentive for those folks who don't want a hefty installation charge or permanent wiring added in their home.

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Your monthly home security cost can also include 24/7 professional monitoring services, security camera footage cloud storage and the ability to control your home security system using your security provider’s mobile app. You’ll be able to easily manage your smart lights, thermostat and other home security gadgets. Today, the best home security systems can range from $15. 99/mo. , or up to $54. 99/mo.