The real price of smart homes

To control every connected device, you might also like a home automation system. That adds another $200 to your expenses list. It will let you manage all your connected devices and appliances to adjust the temperature to match the climate and give you the music and lighting to match your preferences.

Add the smart watch, laptop and smart TV you already own and the investment totals several thousand dollars. And these devices represent a very small fraction of the smart gadgets now available on the ever-expanding IoT market.

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