you will definitely need to regear so be prepared for sticker shock...it ain't cheap.TmudRroverD said:
parts (gears and master install kits) will run between $600-700 depending on what prices are running now. TRD gears are slightly cheaper so under $600 is possible.
labor will varry with your location/labor rates and how much you can do yourself, ie, removing the rear 3rd member and the front diff and taking them to a gear shop. Regearing is NOT for the novice as major damage can be done with a minor screw-up during the process. have a reputable GEAR shop do the work, not just a general mechanic. it is also helpful if the shop has plenty of experience with toyota gear swaps.
expect from $150-400 per diff off the truck and double that or more if you just drop it off and they do all the work. Call around and get quotes.
PORC will have the best prices on the parts.
for the 2.7 AT and 33s go to 4.88s for the current 'stock' equivalent of a 4.56:1 adjusted ratio. The newer 2.7 ATs come stock with 4.56s for the 31" tires. 4.88s and 33s adjust out to a 4.58:1 ratio.
what year truck do you have?