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Rekeying a lock changes the internal mechanism so that a new key works, while replacing a lock involves swapping out the entire hardware. Rekeying is a good, cost-effective option when you want to ensure old keys no longer work, such as after moving into a new home or losing a key. It's also ideal if you want to keep your existing lock hardware. You should opt to replace the locks entirely if you want to upgrade to a more secure or different style of lock, if the current lock is old or damaged, after a break-in, or if too many copies of the old key exist.

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.

Smart door locks are safe to use and are usually considered safer than traditional locks with keys. While all electronic devices can be hacked, that doesn’t happen nearly as frequently in real life as people may think. You can also invest in multiple locks of different types for enhanced security so you don’t rely solely on one smart lock.

When it comes to how to get a stuck key out of a lock, the simplest way is to use some kind of lubricating substance. One option is to apply graphite powder while wiggling the key gently. As the graphite fills the lock, jiggling should loosen the key enough to allow you to pull it out.