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Rekeying is typically cheaper than replacing locks. Professional rekeying costs between $40 and $160, sometimes with an additional fee of $15 to $40 per lock. A locksmith's hourly rate averages around $75. If you do it yourself, a rekeying kit can cost as little as $10. In contrast, replacing a lock costs between $130 and $500, with an average of around $315, depending on the hardware and lock type. Rekeying is a simpler process that changes the key for your existing lock without replacing the hardware. It is a good option if you have a quality lock that works well, you've recently moved, you've lost a key, or you need a quick security upgrade. The best choice depends on the condition of your current locks.

Keyless locks are great for convenience, letting you unlock doors with a code or your phone so you don't need to carry keys around. They also often come with helpful features like temporary codes for guests. On the downside, they can be more costly up front and do require batteries that will eventually need replacing. If you value ease of use and additional security features, keyless locks are worth the investment.

Yes, keyless locks can deter burglars, mostly because they boost security and offer advanced features. Most models allow for unique codes or temporary access, making it harder for intruders to break in. Many of these smart locks even alert you if someone tries to tamper with them. However, you need to remember that while they provide an added layer of protection, no lock is completely foolproof. Pairing these locks with good security habits—like proper lighting and surveillance cameras—creates a strong defense to help stop intruders in their tracks.

Newer, electric-powered door locks generally have a life span of five years or less. That’s thanks, in large part, to a phenomenon called planned obsolescence, in which products are programmed to need replacing after a certain amount of time. That’s also why older, manual, push-key locksets can last up to 30 years with regular cleanings and maintenance. When it does come time for a new set-up, know that the cost to change locks ranges from $130 to $500 on average.