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In order to replace the rear wheel bearing on your 2010 Ford Ranger, it is recommended that you do not attempt it yourself. It is best to take your vehicle to a mechanic, who will charge around $250 to $500 for labor and approximately $200 for the parts. While it may seem like a lot of money, it is worth it as attempting the replacement without the proper tools could result in serious issues. The process involves removing the tire, taking off the hub assembly and bearings, and reassembling with grease. However, due to the potential risks of making a mistake, it is safer to entrust this task to a professional mechanic.