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The wheel bearing itself is not expensive. I paid no more than $50 each for mine (FAG brand if I recall... a German made OEM replacement part). It's the labor to get to it and swap it out. My tech does it in 4 hours at $100 an hour. $450 a corner.
Warning: This job has a very slippery slope to it... While you're removing all the suspension parts, they could easily be replaced without any extra labor charges or very few extra labor charges. Do you need struts? Are your control arm bushings worn, torn, or cracked?
I needed wheel bearings and it ended up costing me $3200 because I had the suspension parts replaced at the same time to save on future labor costs. Something to think about.
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