Shop labor rates are $70-90 per hour in this area. A tech who doesn't do starters all teh time would probably spend an hour tearing on down and cleaning it up, plus the cost of components, which would have to be ordered adn shipped.
I'd imagine it would be a $300 proposition by the time it was all said and done.
Local rebuild shops are loosing a lot of business when you can go to advance auto and get a drive works new(not reman) 10DN alternator for $34. the bridge rectifier for a 10SI is $20. labor to put one in is 1/2 hour at $60 per hour, so you would need a 50 dollar bill to repair a $34 alternator. Definitely a loosing battle...
Since I do rebuild my own components, I can tell you that sometimes it is cheaper to buy a new one than to rebuild the old one. Tractor parts sometimes come with a hefty price tag, but are the same components as automotive (going by model number of teh component) So it sometimes benefits me to just buy the automotive component, and if it fails prematurely, I am still ahead of the game.
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