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Many local hardware stores have the equipment to copy basic keys at a low cost. Some locations may have freestanding machines where you can pick out a blank and insert it and your original key into the duplicating machine.

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.

When you take a key to a hardware store or a locksmith for copying, you can expect the key-cutting process to take as little as 30 seconds. The key copier will review your current key to decide on the correct blank. Then, your original key and the blank are inserted into a key duplication machine to cut an exact key copy. When it’s all said and done, you can have a new key in your hand in just a couple of minutes.

Expect to pay between $50 to $200 if you hire a locksmith to change your locks. That figure includes labor and the cost of basic hardware. The cost will naturally be higher if you plan to install more expensive locks, like smart locks, and if you need a lot of them.

Homeowners can save money by replacing locks themselves. A typical rekeying kit costs about $10 to $25. The only additional cost is purchasing new house keys, and those are no more than a few dollars per key. If you want to replace the locks on your own completely, the main cost is the price of the locks themselves. A standard knob-style lock starts around $25, while electronic locks and smart locks will run in the hundreds of dollars. The only additional tools you should need are a tape measure, screwdriver, and screws if they are not already provided.