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99 each, and water sensors for $19. 99 each. The LifeShield Essentials system goes for $199. 99 and comes with a base station, a keypad, a keychain fob, four door/window sensors, a motion sensor, a fire safety sensor, and an Asus Memo Pad 7 tablet with LifeShield software that you can use to control everything. Additional sensor pricing is similar to what you'll pay with SimpliSafe. Professional monitoring prices also vary from company to company.

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Any smart security system worth its salt offers components that work together in a seamless environment and can be manipulated using customized rules. For example, you can create rules to have the lights turn on when motion is detected, have your doors unlock when a smoke alarm goes off, and have a camera begin recording when a sensor is triggered. Some systems store recorded video locally on an SD card or a solid state drive, while others offer cloud storage. Locally stored video is a good choice for do it yourselfers on a budget, but you have to be careful not to overwrite video you may need later. Cloud storage makes it easy to store and access recorded video, but it can cost hundreds of dollars per year depending on your subscription. Some systems offer both cloud storage and local storage, and some provide a dedicated storage drive that gives you DVR capabilities with time lapse recording, which makes it easy to find a video event that took place at a specific point in time.