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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.

While a strong conventional deadbolt offers enough security for most homeowners, if you’re looking for extra features beyond just simple locking, smart deadbolts are the way to go. Smart deadbolts allow for keyless entry using your phone or a code, remote access in case someone is locked out, and features like temporary access codes, automatic locking, tamper alerts and entry-exit monitoring. Smart deadbolts also come with downsides: they rely on batteries and wireless networks and are potentially vulnerable to hacking by skilled home intruders.

Rekeying should be done when employees leave or keys are lost, while replacement may be necessary for outdated or damaged locks.

You might want to change a door lock entry code for a handful of reasons. The most common answers are extra security or a forgotten code. You may also find yourself in a position where you need to temporarily change the code to allow a guest to come and go freely but want to switch it back once things return to normal.