2. More high end equipment packages—like the ones Vivint Smart Home provides—come with a touch screen control panel and the option to add outdoor home security cameras, all of which require professional installation. Professional installation services may cost up to $250, although special offers that waive installation fees are common. Learn more about professional installation services here. The home security market offers many plug and play equipment packages that center around an audible alarm to deter intruders who trigger a door or window sensor. They do not offer professional monitoring, so there’s no monthly service contract involved. Monitored home security systems cost between $20 and $60 per month. Although criminology research suggests most intruders flee at the first sound of an alarm, complete home security offers much more than just crime prevention. Protection from house fire or water damage, and assistance with medical emergencies should also be considered. In addition to providing more comprehensive protection, complete home security systems backed by professional monitoring services may also qualify customers for discounted homeowner’s insurance premiums. Learn more about professional home security monitoring.