There is a large number of different brands of smart locks. So it can be hard to choose the right smart lock—especially knowing that they can cost a lot. Regardless of needs and requirements, how much a smart lock cost is an important factor that can sway buyers in one direction or another.
How much do smart locks cost? Smart locks can cost between $50 and $2,200 depending on the type, features, and capabilities. A smart lock deadbolt costs $150, while a lever smart lock costs $200. Most high-quality smart locks usually start around $200.
The price of smart locks can vary wildly depending on many different factors. However, you need to consider what features and capabilities your smart lock should have and then browse through the best options currently available.
The quality and capabilities of a smart lock should not be overlooked. The smart lock directly impacts your home’s safety and security, so it only makes sense to buy the best product for your needs.
This is why I will take a more detailed look at how much smart locks cost and whether or not the higher cost is worth it.
Smart Locks Example Prices
On average, most people pay between $150 and $400 for a smart lock. This is a good price range as it contains smart locks that are of the best quality and offer a good number of features.
Now let’s take a more in-depth and hands-on look at how much some of the most popular smart locks cost.
There is a disclaimer here, though, as these prices are the current prices (as per the manufacturers) for new smart locks. However, these prices can—and definitely will—change at some point in the future. I keep these prices updated, but there can be some discrepancies.
How Much Do the Different Types of Smart Locks Cost?
Not all smart locks are created the same. In order to get a better look at the whole picture, you need to also keep in mind that there are a few different types of smart locks that you can stumble upon.
Let’s go over the most commonly used types of smart locks and how much they tend to cost.
Deadbolt Smart Locks
These are the most popular type of smart locks used. Deadbolt smart locks are designed to replace the existing deadbolt on your door.
Smart deadbolt locks can be keyless, keyed, and they can have a keypad or a touchscreen. Smart deadbolt locks can cost between $50 and $300, depending on their type, built quality, and features.
The more basic deadbolt smart locks that come with a keypad cost the least, often going as low as $50 to $100 per item.
Touchscreen keypads, as well as any other extra features, will increase the selling price of the smart lock. Smart deadbolt locks that can be operated remotely will usually go as high as $200 to $300.
Lever-type Smart Locks
Lever smart locks usually replace your standard door lock and lever. They do not necessarily replace the deadbolt. However, some models will replace the deadbolt as well.
These smart locks can also be keyed, keyless, and have a keypad or a touchscreen.
Lever smart locks can cost between $150 and $320. The more basic lever-type smart locks that do not offer any remote access cost, on average, $150 to $200, while the more advanced locks cost $250 to $320.
Patio Smart Locks
Patio doors are a well-known security vulnerability in most houses, caused by the design of patio doors.
Patio smart locks tend to be more expensive on average as they need to provide adequate levels of security.
Patio smart locks can cost between $400 and $550 depending on their built quality, type, and features.
Biometric Smart Locks
Smart locks that offer fingerprint scanning or face recognition will typically be the most expensive—especially if the quality and reliability of the technology used are good.
Biometric smart locks prices can start from $150 with specific models reaching upwards of $2,200.
There is no clear correlation between keyless and keyed locks. That being said, keyed smart locks tend to be a little cheaper on average. However, smart keyless locks are a neat way to cut down on the number of keys you use and reduce the possibility of a burglar picking the lock.
Why Are There Price Fluctuations?
At first glance, smart locks do not feel like a piece of equipment that should be super expensive. However, smart lock prices can vary a lot. There can be up to a $2,000 price difference between some models. So what causes that?
A higher-priced smart lock will generally offer more capabilities, smart features, integration, and safety.
The technology that the smart lock uses to communicate with other smart devices can affect its price. Generally, the most commonly used communication protocols are Bluetooth, WiFi, Z-wave, Z-wave plus, and Zigbee, with the latter three increasing the price of some smart locks sometimes as much as 30%.
Some smart locks will work only locally, meaning you cannot control them remotely. For some people, that will be more than enough. However, if you want to operate and monitor your lock remotely, you need to choose a smart lock that has been designed and programmed to offer such capabilities.
These models will usually offer various features like assigning guest keys, setting up entry schedules, auto-lock and unlock, keeping detailed logs, and more. All of these features can be used remotely through a dedicated app, making these smart locks an excellent choice for landlords and people who may need to grant access to different people at different times.
The smart lock’s ability to integrate and work with other smart devices, security systems is another factor that will be of interest to many people.
With so many different smart devices and security systems, cross-platform and cross-brand integration are becoming increasingly more sought after. However, proper integration is not easy to achieve, which tends to make some smart locks more expensive.
However, let’s not forget about other aspects of the smart lock like its battery and, more to the point, the battery’s life. The majority of smart locks will either use a rechargeable lion battery or a few AA batteries. Smart locks equipped with a LiIon battery will usually be more expensive.
Other things like the brand reputation and the design of the smart lock can also affect its price.
The brand will inadvertently have some impact on the price of a smart lock. Buying a smart lock from a reputable brand can make a smart lock more expensive, while an off-brand smart lock will often be cheaper. However, just because an off-brand smart lock is cheaper doesn’t make it a good choice as these locks may not be upheld to the same security and quality standards branded smart locks are.
The finish and design of the smart lock could also affect the price of individual smart locks. Although most smart locks will have a sleek and stylish design, they may not be what some people look for. This is why some manufacturers offer smart locks with different finishes and trims.
Are There Additional Costs of Buying a Smart Lock?
Most people will spend, on average, between $150 to $400 on a new smart lock for their homes. However, there are a few extra costs that may easily be overlooked.
Depending on where you live, you may need to buy more than one smart lock. Buying two, three, or more smart locks means you may need to spend between $500 and upwards of $2,000.
Smart locks usually are DIY and easy to install, so most people will not have to worry about installation costs. However, if you want to have a professional locksmith install your smart lock, this could mean spending an additional $100 to $450.
The prices I have gone through here are for the base models. However, you may need to spend more if you want to purchase additional equipment like keypads, alarms, etc.
And lastly, you will have to replace the batteries on your smart lock. (If it doesn’t come with a rechargeable battery, that is.) This is a fairly small recurring expense that is also worth keeping in mind.