It’s time for our annual Locksmith Ledger National Average Price Survey and we’re asking for your input. We’ve tried to pare down the list to 25 questions. There is no universal pricing strategy that covers all types of jobs in all types of markets. We know that prices are likely substantially higher in large metropolitan areas, where more commercial work is found. While prices for duplicating a key in the shop or rekeying a deadbolt are set amounts, most locksmiths won’t quote a price for most bigger jobs before doing a site survey.
Another variable is the cost of fuel, with prices moving upward again. Many locksmiths are adding surcharges for fuel or charging for mileage when they go to the customer. Drive time should be included in your hourly rates.
The survey is anonymous and has evolved over the years. For example, back in 1953, door closer repairs ranged from $2.50 to $4.50; the average hourly rate was $3.50 and rekeying lock cylinders typically cost less than $2.
Locksmiths are skilled professionals who deserve to be compensated for their expertise (similar to electricians, plumbers and other skilled trades). They also travel with expensive specialized equipment. One of my favorite quotes from a past National Average Price Survey was “A $200 charge brings a fully equipped, $100,000 service van and a qualified technician to your location.”
Though it is NOT a scientific survey, we want this to be a useful tool for our readers. This year’s questionnaire has spaces for your comments. Tell us what else you’d like to know and tell us where we are missing the mark.
Thank you for participating! Results will be announced online in September and featured in our October magazine issue.
Emily Pike
