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Chevrolet Malibu Wheel Bearings Replacement costs $298 on average. Following is a breakdown of the labor and parts estimates.
Wheel bearings will greatly vary with what type of vehicle you have, but to give a rough estimate, about $60-130 for the bearing and roughly an hour of mechanic labor at $40-70/hour depending on the shop. I suggest http://mibearings.com for the part. Good Luck!