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Typically, it can take around 15 minutes to rekey a lock. The time depends on the type of lock and how skilled you are at rekeying. The first time you rekey a lock, it may take a little longer. Once you get the hang of the process, it will move along much more quickly.

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.

While lock crunching as a whole is not terribly common, it is one of the most frequently used means of forced entry into a home. Recent data suggests that forced entry through lock crunching or snapping occurs in more than 25% of burglaries.

Using a combination of tools (often store-bought plumbing tools) and brute force, a burglar can easily snap the lock on a door. Snapping a lock aims to gain access to the cylinder inside, which holds the locking mechanism. Once the thief snaps the lock, they can pick the cylinder open and walk right in.