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Yep, that’s about what I paid in 2016. I got them to replace the replacement because it wobbled from the second they put it on.
Then I paid $800 to do it again at a local LS specialist shop in 2018 when the GM replacement balancer (x2!) finally got to me and I went with the Summit SFI aftermarket piece.
Labor cost will be area of the country dependent but avoid the GM balancer like the plague. I had two put on my car and neither one was better than my original, it just didn’t chirp.