How Much Does It Cost for New Locks?
When it comes to home or business security, changing your locks is often the first step toward peace of mind. Whether you’ve just moved into a new place, lost your keys, or simply want to upgrade to something more secure, installing new locks can make a big difference. But before you schedule a locksmith or head to the hardware store, it’s important to understand the costs involved in getting new locks.
What Factors Affect the Cost of New Locks?
The cost of new locks can vary based on a few main factors:
- Type of Lock – Traditional mechanical locks tend to be less expensive, while more advanced options like smart locks or keyless systems come at a higher price. Deadbolts, knob locks, and lever handle locks all have different pricing as well.
- Material and Brand – Some locks are made with higher-quality materials or are manufactured by reputable security brands, which may increase the cost. Brands like Schlage, Kwikset, or Medeco offer high-end products with better durability and security features.
- Number of Locks – Naturally, replacing a single lock will cost less than changing locks on every door in your home or business.
- Installation Fees – If you’re hiring a professional locksmith to install the locks, service charges will be added to the overall cost. Fees can vary depending on your location and the complexity of the job.
Average Price Range for New Locks
Let’s break down the general pricing so you can get an idea of what to expect:
- Basic Door Knob Lock: $15 – $40 per unit (without installation)
- Deadbolt Lock: $20 – $60 per unit
- Smart Lock / Keypad Entry: $100 – $300+
- High-Security Lock (e.g., ANSI Grade 1): $80 – $200+
For professional installation, locksmiths may charge anywhere between $80 to $150 for basic services. If your doors require modifications, or if you need locks rekeyed as well, that could add $20 to $50 per lock.
Residential vs. Commercial Lock Costs
The type of property also plays a role. Residential locks are usually more affordable, while commercial-grade locks—especially those with higher security ratings or electric systems—tend to cost more.
For commercial properties, especially those needing Electric Locks Services in Albuquerque NM, the prices can range widely based on the technology and installation complexity. From electric strikes to full access control systems, commercial lock systems can cost anywhere between $150 to $800+ per door, including parts and labor.
Should You Change or Rekey?
If your locks are in good shape but you’re concerned about who might have a copy of the keys, rekeying could be a cheaper option. This service typically costs $20 to $50 per lock, which is more budget-friendly than buying new locks altogether.
However, if your locks are outdated, damaged, or you’re looking to upgrade to digital or high-security options, replacing them entirely is the better choice.
DIY vs. Hiring a Locksmith
Installing new locks yourself can save money, especially if you’re confident using basic tools. Most standard locks come with instructions and can be installed with a screwdriver.
Still, for those wanting high-security systems, keyless entry, or professional-grade commercial locks, hiring a licensed locksmith is a wise decision. An expert ensures that your locks are correctly aligned and fully secure.
When to Replace Your Locks
Some common situations when changing your locks is necessary include:
- Moving into a new home or office
- After a break-in or attempted break-in
- Lost or stolen keys
- Damaged or worn-out locks
- Upgrading to smarter, more secure systems
Choosing a trusted locksmith is just as important as selecting the right lock. Many property owners have shared positive experiences with B and B On Demand Lock & Key Locksmithing, a professional service known for its attention to detail and fast response times. Based in Albuquerque, they’ve helped homeowners and business clients upgrade their security systems efficiently. Whether it’s rekeying old locks or installing advanced solutions, they’ve built a solid reputation through quality service.
How Often Should Locks Be Replaced?
While there’s no strict rule, most experts recommend changing your locks every 5 to 7 years, or whenever there’s a security concern. For businesses, routine updates may be needed even more frequently due to employee turnover or changes in access requirements.
Tips to Save Money on New Locks
- Bundle installations – Having multiple locks replaced at once may lower service costs per unit.
- Go for rekeying when possible, especially if the locks are in good condition.
- Get multiple quotes from local locksmiths to compare pricing and services.
- Choose the right lock for the right door – You don’t always need the most expensive option for every entry point.
If you’re upgrading your business or home security with modern solutions, it’s also wise to explore providers that offer Electric Locks Services in Albuquerque NM. These systems offer greater control and ease of use, especially for commercial properties that require advanced access features.
Final Thoughts
The cost of new locks depends on the type of lock, the complexity of the installation, and whether you’re doing it yourself or hiring a locksmith. While it might seem like a simple update, investing in quality locks is a smart decision for long-term security and peace of mind.
For those in the Albuquerque area, working with experienced providers like B and B On Demand Lock & Key Locksmithing can ensure a smooth, stress-free process. They offer a full range of services that suit both residential and commercial needs—especially for those seeking reliable, up-to-date security systems.