How much can I expect to pay to get a chair re-upholstered?

I have two rocking recliners. One is only ten years old and already falling apart, so I'm not going to bother fixing it. But the other one is at least forty years old, perhaps more. It's made with real wood arms, and it's bomb proof. I can remember my aunt having it in her family room when I was just a little kid, and I've had it for a good ten years myself. I've daydreamed about updating the upholstery, having the springs in the chair tightened, and having the arms refinished to get rid of the mark where my cousin and my parrot both chewed on the wood. How much could I expect to pay? Unless it's really prohibitively expensive, I think it might be a better choice than buying a new chair, given that the newe one I have is already falling apart.

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