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Due the stringent safety requirements, installation of a fire alarm is much more expensive than burglar alarms. You can expect to pay at least $2,000 for a commercial-grade installation; if your setup requires sprinkler system upgrades, costs can quickly hit $10,000 or more.
Again, expect a monthly monitoring fee, commonly of $40 to $50. You'll also have to budget for regular inspections by NFPA-approved technicians, at a cost of $100 to $200 per inspection. These fees may seem high, but fire safety is no place to cut corners or skirt the law.
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