Beware! Your “Smart” Home Gadgets Could Turn into Expensive Money Pits After Just Two Years.

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Beware! Your “Smart” Home Gadgets Could Turn into Expensive Money Pits After Just Two Years.
living room set with green dumb cane plant
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Embarking on the journey of smart homes is exciting, driven by the promise of convenience, efficiency, and enhanced security. It’s easy to get lost in the temptation of new devices and imagine a seamless, future oriented ecosystem where everything can work perfectly together.

However, a common misconception is that the cost ends once a product is purchased and installed. Many smart home enthusiasts, eager to embrace the latest tech, often overlook a crucial aspect: the recurring expenses that can quickly transform their cutting-edge gadgets into unexpected financial burdens. These aren’t always obvious upfront and can accumulate over time, turning what seemed like a smart decision into a costly money pit by the second year.

At CNET, we’re dedicated to providing you with practical advice for navigating the tech world. This guide will uncover five common hidden costs of smart homes, helping you understand these financial pitfalls and steer clear of them, ensuring your smart home remains a valuable asset rather than a costly burden.

1. Security Camera Subscriptions

Among the most popular additions to any smart home setup are security cameras and video doorbells. These omnipresent eyes offer peace of mind, allowing you to monitor your property, keep an eye on your front door, and even track package deliveries. After the basic smart lights and locks, these devices are often seen as essential components for a secure and connected living space.

However, many top-tier home security cameras and video doorbells come with a significant hidden cost: a mandatory paid subscription service to save video footage, which, without it, means you can view live feeds and get alerts but lose the crucial ability to review past events, forcing you to pay extra each month if you want to check who visited or what happened in your backyard.

These security camera storage subscriptions typically start at around $3 per month for a single camera. While this might seem negligible on its own, the cost can escalate rapidly if you have multiple cameras strategically placed around your property. A comprehensive security setup with several cameras could easily see these individual charges compound into a substantial recurring bill, turning a seemingly affordable camera into a long-term financial commitment.

It’s important to research alternatives that offer local storage options. A few companies, most notably Eufy, distinguish themselves by allowing users to save footage locally without necessitating a monthly subscription. While the upfront cost for these cameras might be slightly higher than their subscription-reliant counterparts, this initial investment can translate into significant savings over the long run, eliminating those persistent monthly fees and giving you greater control over your video data.

a white door knob on a wall
Photo by Ethan Lee on Unsplash

2. Professional Security Systems

DIY home security systems have become increasingly sophisticated, providing homeowners with comprehensive tools to monitor their properties. These systems go beyond just cameras, incorporating door and window sensors, as well as motion detectors, to alert you to any unauthorized entry attempts. They empower you to keep tabs on everything happening around your home, offering a robust layer of personal vigilance.

While these DIY systems offer excellent self-monitoring capabilities, there’s a distinct feature that comes with an additional, often overlooked, cost: professional monitoring services. If your desire is for authorities to be dispatched to your home in response to an alarm without you having to make the initial call yourself, then subscribing to a professional monitoring service becomes a necessity. This service acts as a direct link between your alarm system and emergency responders.

Typically, professional monitoring services for DIY security systems hover around $19 per month, offering the immense benefit of knowing a dedicated team is always watching over your home and ready to respond to alarms, which is particularly invaluable when you’re away or seeking an added layer of security.

It’s crucial to acknowledge this as an upfront investment rather than an optional add-on. We’re not suggesting that professional monitoring isn’t worthwhile, as it offers a level of security and convenience that self-monitoring cannot. However, consumers need to be fully aware of this recurring financial commitment when budgeting for their smart home security, ensuring they factor in this ongoing expense from day one to avoid any unwelcome surprises down the line.

A close-up of a wireless router.
Photo by dlxmedia.hu on Unsplash

3. Router Security Subscriptions

At the heart of any effective smart home lies a robust and reliable Wi-Fi network. A high-quality mesh router system, such as one of the best mesh routers available, is fundamental to ensuring all your smart devices can connect consistently and reliably to the cloud. Without strong and ubiquitous Wi-Fi coverage throughout your house, even the most advanced smart gadgets will struggle to perform their intended functions, hindering the very convenience you sought to achieve.

In recent years, a new type of recurring cost has emerged from some of the leading router companies. These manufacturers have begun offering subscription services specifically designed to protect all your connected devices. These plans aim to safeguard your entire network from a range of digital threats, including viruses, potential data breaches, and other cybersecurity vulnerabilities that could compromise your smart home ecosystem and personal information.

These router security plans can carry a significant annual cost, sometimes reaching as much as $100 per year. Given this substantial expense, it becomes essential for consumers to critically compare the features offered by these router-based services against what is provided by the best standalone antivirus programs. Often, there’s a considerable amount of overlap between the protection provided by these different types of services, making it important to avoid redundant subscriptions.

By carefully evaluating your existing cybersecurity solutions and the specific protections offered by a router security subscription, you can determine which option best fits your needs and budget. The goal is to ensure comprehensive protection for your smart home without incurring unnecessary or duplicate costs, allowing you to maintain a secure digital environment efficiently and economically.

4. Streaming Services

While not always seen as direct smart home devices, streaming services are deeply intertwined with our smart home experience, especially with smart TVs and streaming sticks, becoming essential for entertainment within our connected homes, and their convenience comes with its own set of often-overlooked expenses.

The true financial impact of streaming services often becomes apparent when you subscribe to multiple platforms. In an age where exclusive content drives subscription choices, many households find themselves juggling several monthly payments for different services. These individual bills, while seemingly small on their own, can add up incredibly fast, silently contributing to a surprisingly large aggregate monthly expenditure that can rival or even surpass traditional cable bills.

To prevent these costs from spiraling, it’s highly advisable to conduct a monthly review of the services you subscribe to. Take a moment to assess what content is coming up and whether you’re actively engaging with each platform. There’s simply no sense in paying for something you’re not utilizing, and canceling dormant subscriptions, even temporarily, can lead to significant savings over the course of a year.

Furthermore, be proactive in seeking out deals and exploring different subscription tiers. Many services offer special one-year subscription rates, particularly around major shopping events like Black Friday, which can be much lower than standard monthly pricing. Additionally, consider opting for lower-cost tiers that might include advertisements; while sitting through ads might be a minor inconvenience, the savings can be substantial, making it a smart financial choice for your smart home entertainment.

5. Smart Device Lifespans & Obsolescence

Just like the traditional appliances and devices found throughout your home—from the lightbulbs that illuminate your rooms to the refrigerator that keeps your food fresh—smart home devices also come with an inherent lifespan. However, the timelines and implications for smart tech can be significantly different and often less predictable than their conventional counterparts, leading to unexpected replacement costs.

Consider smart lightbulbs, for example. While they are lauded for their energy efficiency and a claimed lifespan much longer than older incandescent bulbs, LED technology is still relatively newer. Consequently, their real-world durability may not always align with advertised expectations, potentially leading to earlier replacement needs than anticipated and thus, unexpected expenses down the line.

A more significant concern with smart home devices is their inevitable technological obsolescence and, critically, the possibility that manufacturers might stop supporting older models, meaning a perfectly functional security camera from a decade ago might no longer receive vital software updates, leaving it vulnerable to hacking and compromising your home’s security.

Worse yet, companies sometimes decide to turn off features for older smart home products, diminishing their utility, or in extreme cases, the company itself might go out of business entirely, rendering your device an expensive paperweight. Our advice is to prioritize purchasing smart home devices from more well-established and reputable companies, which typically offer more consistent support. Crucially, always be prepared for the eventuality that you will have to replace these items over time, factoring in this long-term cost when making your initial smart home investments.

Beyond the foundational infrastructure and recurring service costs, the smart home landscape is also populated with a plethora of gadgets that, despite their initial appeal, often turn into costly money pits due to their impracticality, limited utility, or simply because they don’t solve a problem efficiently enough to justify their price tag. As CNET, our aim is to provide practical, consumer-oriented advice to help you discern which smart home additions truly enhance your life and which are better left on the shelf. This section dives into some of the most popular, yet often unnecessary, smart home appliances and gadgets that typically fail to deliver long-term value, offering insights into why they might not be worth the hype and suggesting more sensible alternatives.

6. Electric Salt and Pepper Shakers

For generations, the simple act of seasoning food has involved picking up a jar with a fitted lid and sprinkling its contents. This method has worked just fine, providing fresh flavor without any fuss or additional cost. However, the ‘smart revolution’ has extended its reach to even the most basic kitchen tools, introducing electronic, rechargeable, and sometimes internet-connected salt and pepper shakers.

While these high-tech counterparts remove the need to manually twist a grinder, offering fresh flavor with the push of a button, their necessity for most users is highly questionable. It is true that electric salt and pepper grinders can genuinely benefit individuals with limited hand mobility, making seasoning food much easier for them. Yet, for the vast majority of people, a regular salt or pepper shaker performs the essential task perfectly well at a mere fraction of the cost, without the added complexities of electronics.

Introducing technology into such a fundamental kitchen item also brings unforeseen inconveniences. Imagine being in the middle of preparing dinner, only to realize that your electric salt shaker has run out of charge. This small oversight can disrupt your cooking flow and necessitates an extra step that traditional shakers never demand. Such dependency on power for a simple function often outweighs any perceived convenience.

In essence, the switch to an electric salt and pepper shaker wasn’t necessary for most households. The classic, non-smart, non-internet-connected shakers remain effective, reliable, and significantly more economical, serving as a reminder that not every item in your home requires a high-tech upgrade. For optimal functionality and value, sometimes the simplest solution is indeed the smartest.

Bread Making Machines
File:Making bread in bread machine.jpg – Wikimedia Commons, Photo by wikimedia.org, is licensed under CC BY 2.0

7. Bread Making Machines

The aroma of freshly baked bread is undeniably enticing, and the idea of homemade loaves appearing effortlessly in your kitchen is a powerful draw. Traditional bread making is a labor of love, involving mixing, kneading, proofing, shaping, and baking—a process that many find rewarding but time-consuming. Bread maker manufacturers seized this opportunity, promising to automate most of the work: simply dump in the ingredients, press a button, and fresh bread is supposedly yours in no time.

While a bread machine might seem like a sensible investment for those who bake bread on a very regular basis and are prepared for the post-baking cleanup, for most consumers, it proves to be an appliance that gathers dust more often than it bakes. Store-bought bread remains a highly convenient option, and it offers a vast variety of types and flavors that a single bread machine, especially without considerable trial and error, cannot easily replicate. Experimenting with different kinds of bread in the machine often leads to inconsistent results that might not always meet your expectations.

Beyond the limited versatility for diverse bread types, there’s also the unavoidable issue of cleaning. Despite doing most of the baking work, the machine won’t clean itself, leaving you with components to wash after each use. This can be a deterrent for those seeking a truly hands-off experience, diminishing the overall convenience the machine initially promises.

Furthermore, the financial commitment is significant, with most good models costing well over $100. This substantial investment becomes difficult to justify if the appliance only sees occasional use. When the craving for home-baked bread strikes, your existing oven, though requiring more active participation, offers a free and equally satisfying alternative, especially for those who enjoy the baking process itself.

Deep fryer” by null is licensed under CC BY-SA 3.0

8. Deep Fryers

The appeal of fried food, with its irresistible crunch and savory taste, is undeniable for many, even if it’s not the healthiest option. Home deep fryers once enjoyed widespread popularity, promising fast, restaurant-quality frying from the comfort of your kitchen. Their ease of use and rapid cooking times, a testament to their prevalence in commercial fast-food establishments, made them a coveted gadget for delivering that perfect crispy texture that few other cooking methods can achieve.

However, consumer preferences and dietary concerns have shifted over time, leading to a decline in the popularity of traditional deep fryers. Beyond health considerations, these appliances present several practical drawbacks that can quickly make them more trouble than they’re worth. One significant issue is the messiness involved; after cooking, you’re faced with the task of carefully removing and storing, or correctly disposing of, a large quantity of cooking oil. This is followed by the laborious cleaning of the fryer’s basket and oil chamber, a process that is both time-consuming and often quite greasy.

The operational costs also extend beyond the initial purchase. The transfer process often results in a considerable loss of oil, which, given the rising price of cooking oils, can make each use surprisingly expensive. This constant replenishment of oil, combined with the extensive cleanup, detracts significantly from the convenience factor that deep fryers aim to provide.

Fortunately, a modern and healthier alternative has gained immense traction: the air fryer. While air fryers cook food in a fundamentally different way—essentially acting as miniature convection ovens—many users have transitioned from deep fryers to these oil-free counterparts. Air fryers can cook a wider variety of foods, deliver a satisfying crisp, and crucially, eliminate the need for large amounts of oil and the subsequent greasy cleanup, making them a far more efficient and less burdensome option for achieving similar culinary results.

The PancakeBot
Concept of travel, vacation or leisure planning. Money, two passports and the Eiffel tower …, Photo by wuestenigel.com, is licensed under CC BY-SA 4.0

9. The PancakeBot

For restaurants or bakeries aiming to create unique, custom-designed pancakes, a specialized gadget like the PancakeBot, priced between $299 and $779, could offer a distinct advantage, but for the average home cook, it’s an extravagant purchase that, despite its entertainment value, often involves more effort than anticipated for a simple breakfast.

The process with a PancakeBot isn’t as simple as loading and pressing a button. Users must first mix their batter to the correct consistency, carefully load it into the machine, select their desired design, and then attentively watch the bot do its work. The “easy part” of the machine drawing the design is quickly followed by the crucial step of carefully removing the pancake from the griddle before it burns—a task that requires a delicate touch. For more intricate or multi-colored designs, these steps may even need to be repeated, adding to the overall time and complexity.

Beyond the preparation and cooking, there’s the inevitable aftermath of cleanup and storage. Unless you are content for this sizable appliance to occupy a significant portion of your kitchen countertop, finding a dedicated storage space and meticulously cleaning its various components becomes a recurring chore. This often negates the perceived convenience, transforming what seemed like a fun gadget into a cumbersome kitchen accessory.

For those inspired to create custom pancake designs at home, much simpler and far more affordable alternatives exist. Basic plastic squeeze bottles can be used to freehand designs with multiple batter colors, or a simple mixing cup can create basic flapjacks. While the initial results might not be as polished as those from a PancakeBot, this approach doesn’t require a high-tech solution or a substantial financial outlay. It reinforces the idea that an expensive, specialized gadget isn’t always the answer to a creative kitchen endeavor.

Smart Toaster
Symbian OS Toaster | The world’s first toaster that runs the… | Flickr, Photo by staticflickr.com, is licensed under CC BY-SA 2.0

10. Smart Toaster

Our kitchens are increasingly filled with smart devices meant to simplify tasks and allow remote control, and while many are genuinely helpful, a smart toaster is rarely a truly necessary upgrade for most homes, appealing more to tech enthusiasts or early adopters than justifying its cost or claimed superior performance for the average consumer.

Smart toasters are advertised with the promise of perfectly toasted bread every time, offering various settings and timers for different bread types and thicknesses, with some even claiming to adjust automatically based on the bread’s density, aiming to eliminate burnt edges and unevenly toasted surfaces.

However, in the grand scheme of daily kitchen routines, the actual benefits offered by these advanced features are minimal. Many “smart” toasters, even those commanding prices of $300 or more, aren’t truly smart in the way consumers might expect. You often won’t find integration with voice assistants like Alexa to command your toast, nor do they offer a leap in convenience that drastically improves upon a conventional toaster. The core function of toasting bread remains largely the same, despite the added digital bells and whistles.

Ultimately, the high price point and the incremental, often negligible, improvements in functionality make smart toasters a less-than-smart purchase for most. A traditional toaster, often available for a fraction of the cost, reliably performs the essential task of browning bread without the unnecessary complexity, connectivity issues, or the risk of becoming an expensive, underutilized gadget in your kitchen.

11. Smart Umbrella

The classic umbrella has served its purpose faithfully for decades, offering a simple and effective shield from the rain. While not entirely perfect—they can be prone to breaking in strong winds or easily misplaced—they generally perform their core function well. In an era where almost every everyday item is undergoing a “smart” transformation, the humble umbrella has also received an upgrade, purporting to solve some of its traditional shortcomings.

Smart umbrellas typically connect to your smartphone, offering features such as alerts if you leave home without it when rain is forecast, or location tracking services to help you find it if forgotten. Additional upgrades can include built-in LED flashlights for visibility, speakers for entertainment, and reflective strips for safety at night or in adverse weather conditions. These gadgets are certainly feature-loaded, attempting to transform a basic utility into a multi-functional device.

The real question of value, however, hinges on how frequently one actually uses an umbrella. For those who live in consistently rainy climates and frequently rely on an umbrella, some of these advanced features might initially seem appealing. Yet, a crucial consideration is the historical track record of umbrellas: how many have you lost or broken over the past few years? This simple thought experiment often reveals the fundamental fragility and disposability associated with these everyday items.

Given the common propensity for umbrellas to be lost or damaged, investing in an expensive, feature-laden smart umbrella often proves to be an impractical financial decision. The high cost of these technologically enhanced umbrellas quickly becomes less appealing when weighed against the likelihood of its eventual disappearance or breakage, rendering its smart features useless. For most, a conventional, inexpensive umbrella remains the most practical and financially sound choice for staying dry.

When we study these different smart home devices and their associated hidden costs, it is clear that building a true smart home is not just about acquiring the latest technology; This is about making wise and practical choices that fit your lifestyle and budget. CNET’s goal is to equip you with the knowledge to distinguish true value from fleeting trends, allowing you to create a smart home that truly improves your life without becoming an economic burden.

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