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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.

Changing door locks is a task that most homeowners can accomplish on their own. Standard door knobs are quite straightforward, and even more advanced locks, like electronic or smart locks, generally come with instructions. That said, the process can be time-consuming, especially if you plan to replace multiple locks around the house. It’s also a task that you want to complete correctly, considering that it affects the security of your house. That’s why hiring a pro is often best when changing your door locks.

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.

Door locks should be changed roughly every seven years. The average lifespan of a door lock is seven to 10 years, so it’s best to err on the side of caution and change them early, especially if they are showing signs of wear and tear. Examples of deterioration include visible rust and difficulty opening or closing the door. Some locks can work safely beyond 10 years, but it depends on how often they are used and whether they are exposed to damaging environmental conditions like precipitation or extreme temperatures.