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A hole in the turbo? Yikes!!!
New is on the order of $1500, I think, maybe less. A cartridge (bearing housing, shaft, and wheels) is about $350 or so. Used will be less if you can find one, probably $300 to $700, but I don't know for sure.
Do you know how you got a hole in it? Where is it? If only a compressor housing or turbing housing is toast, you may be able to replace it (although I'd suggest a replacement turbo -- gonna need a cartridge if something flew in...)
Peter
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1972 220D ?? miles
1988 300E 200,012
1987 300D Turbo killed 9/25/07, 275,000 miles
1985 Volvo 740 GLE Turobodiesel 218,000
1972 280 SE 4.5 165, 000 - It runs!
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