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The cost to rekey locks on your home is $40 to $100 plus $15 to $40 per lock. Rekeying means you can keep your existing locks but simply change the key. You’ll still need a pro to cut a new key and rekey the lock, but no new hardware is required. Rekeying is a good option if:

• You need a quick way to upgrade your current locks

• You have a quality lock that works well

• You recently moved in and want to ensure you’re the only one with access

• You lost a key

A deadbolt has a different design, construction, and security level than a regular lock. Regular locks are mostly used for interior doors around the home, like bedrooms and bathrooms, and they usually include a locking mechanism on the inside. While regular locks are easy to use and install, they provide little security. 

A deadbolt adds a layer of security and is most commonly used on exterior doors. The installation is typically more complicated, but they hold up to wear and tear.

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 However, replacing the lock if it is severely damaged, outdated, or lacks security features may be a better long-term investment.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.

Deadbolts are solid and durable as can be, but the pin and tumbler can still be forced open, thus making this type of lock susceptible to picking. Most types of deadbolts are harder to pick than a traditional spring-based lock, though. It requires a specialized lock pick and a tension wrench to align all of the pins, thus unlocking the door.