When you need to improve security at your home or business, one of the first things you’re likely to think of is replacing the locks.

True, controlling who has access to your premises in Corinth is important. However, rekeying your locks, rather than changing them, might be a cheaper way to accomplish the same goal.

Cost to rekey a lock

Rekeying involves changing the tumblers (key pins) in your current lock and issuing new keys to fit.

The average cost to rekey is $20-$50, plus the cost for the locksmith to come out to your home – an additional $50-$100 during normal business hours. Emergency service costs about $50 more.

If you can bring the lock into the locksmith’s shop, you will save the cost of the service call.

Cost to replace a lock

Replacing a lock means removing the existing lock and installing a completely new one.

The cost to replace a lock runs from $50-$300, plus the locksmith’s trip charge.

Which makes more sense?

The above figures show that the cost to rekey a lock can be substantially less, $20-$50 compared to $50-$300.

Rekeying is an excellent option if you want to keep your existing lock, yet deny entrance to an unauthorized person who has the old key – whether you know them or not.

Replacing a lock will be preferable when you would like to upgrade to a higher standard of security, such as electronic, keyless, or smart locks.