Cost of replacing a power steering rack on a vehicle ranges from $800.00 to $1,300.00 for parts and labor depending on the make and model of the vehicle and how hard the power steering rack is to change out.
If you can replace the power steering rack yourself you can do so for around $200.00 to $500.00 for parts but it's a tough job to remove and replace the power steering rack so it could take you awhile if you've never replaced a power steering rack before.