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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.

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 cost to hire a locksmith varies depending on the service you need. Consult your locksmith about the price of your requested services before hiring for your repair or installation. Some of the most common types of locksmith services include:

• Installing deadbolts: $40–$75

• Rekeying: $80–$160

• Unlocking your house: $65–$180

• Changing locks: $50–$200

• Installing electronic locks: $50–$500

• Installing smart locks: $200–$800

• Keyless locks: $50–$300

Yes. Most deadbolts purchased from a home improvement store include a step-by-step installation template that is easy to follow, even for novice DIYers. One of the most important steps for successful deadbolt installation is having the proper tools to start with and carefully measuring prior to any attempts at installation.