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The cost-effectiveness of fixing or replacing a door lock depends on the severity of the issue. Repairing a minor problem, such as loose screws or a need for lubrication, is usually cheaper than replacing the entire lock. However, replacing the lock if it is severely damaged, outdated, or lacks security features may be a better long-term investment. New locks often have improved security features, enhancing your property's safety.

It is best to use a dry lubricant, such as a Teflon-based option, for door locks. Unlike popular oil-based lubricants, dry lubricants leave a non-stick, water-repellent coating that does not attract dust, dirt, and other debris. Using an oil-based lubricant can cause these particles to build up inside the lock, making it difficult to operate or even damaging the internal mechanism. You can find dry lubricants, some of which are made specifically for locks, at most hardware stores.

The best type of deadbolt depends on your specific needs. If accessibility is your primary concern, a single-cylinder deadbolt is the easiest to operate. Mortise locks are likely the most secure type of deadbolt you can install, but single-cylinders combined with secondary locking mechanisms like vertical locks are also a great option. Smart locks will give you the most flexibility to open and close your locks whenever and wherever you need to. 

It’s possible, but depends on the design of your lock. Some door locks that lack a keyhole do boast a small hole on the exterior handle or knob. This hole’s primary function is to allow water to drain out of the lock, in addition to giving homeowners an easy spot to insert lubrication. However, you can typically use a paperclip in this pinhole to unlock the door by manipulating the mechanism inside.