engine replacement cost compared to rebuilding on 1998 GMC 1500 Pickup

I have a 98 GMC 1500 series pickup with a V-8 5.7 liter engine that has no compression. Trying to find out if it is cheaper to rebuild or buy a new engine or rebuilt one and what it would cost for the job of replacing the motor?

Asked by for the 1998 GMC 1500 Pickup
The cost of the repair is high. The engine is a significant part of the cost of the vehicle. Instead of rebuilding, consider buying a rebuilt long or short block (depending on your mechanics advice and the condition of the cylinder heads).
Also consider getting a guaranteed used motor. I'd choose the guaranteed used motor if cost is a big factor. I sure wouldn't rebuild it, a technician cabable of doing it right comes at a much higher price than a guy who could install an assembled motor.