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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 depends on the quality of the keyless lock and usage, but in general, you can expect a keyless lock to last around three to five years. The batteries typically last around six to 12 months. The good news is most keyless locks include a low battery indicator so you can receive ample warning if your battery is about to die.

Keyless locks are great for convenience, letting you unlock doors with a code or your phone so you don't need to carry keys around. They also often come with helpful features like temporary codes for guests. On the downside, they can be more costly up front and do require batteries that will eventually need replacing. If you value ease of use and additional security features, keyless locks are worth the investment.

Smart locks offer a similar level of safety to traditional or conventional locks because they often use comparable locking mechanisms, such as deadbolts. The primary difference is the access method: smart locks use a login or code instead of a physical key, which adds convenience. While not inherently safer, some smart locks have added security features that can deter intruders, like shutting down after too many incorrect code attempts or being harder to pick. For the best security, it's recommended to combine any lock with other home safety features like motion-activated lighting, security cameras, and window and door sensors.