Hi this sounds like your brake pads have worn, or the brake shoes as well, if you have drum brakes on the back it will be shoes, if disk brakes will be pads+shoes (inside the disk) if it was the wheel bearing you would hear a loud humming noise not rubbing noise, is it a metallic rubbing noise or a rubber squeaking rubbing noise? just check condition of tyre on back if it is the squeaking rubber noise cost will depend on where you take it and if you do it yourself, possibly $40 to $50 at a garage/auto shop or possibly $20 to $30 if you do it yourself, this just depends ...hope this helps
On my 2000 blazer i got a loud noise coming from my rear i checked the back brakes and they are good the noise only happens when going forward not in reverse
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