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Pump Price: The price of a power steering pump varies from one vehicle to another, depending on the make, model, and year. In general, it costs around $100 to $250. In some cases, the pump price can be more than $500, as per the make and model of the vehicle.
Keep in Mind: 1  When the power steering pump is replaced, the power steering belt and hoses should be inspected as well. 2  A mechanic should flush the power steering fluid when replacing the pump, and should then add the specific power steering fluid that your system requires.