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Rear brake pads for a standard-sized car cost about $20 to $25 for a pair--but the labor is what's expensive ($60 to $90 per hour at most repair shops). Given that repairs range from one to two hours, you'll pay anywhere between $100 to $200.
Source:
2 Car Pros; How to Replace Rear Brake Pads
Example of Rear Brake Pads (Cost)
Auto Repair Advice: How Much Should It Cost To Fix Your Car?
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