Repairing or replacing a concrete retaining wall
If an old wall has fine cracks but still stands straight and drains, clearing or fixing its drainage may be all it needs. When it leans, bulges or has pulled apart, patching the face doesn't touch the cause, which is usually water building up behind it. In that case I'll tell you plainly that a new wall with proper drainage is the better use of your money, even though it costs more up front.
What shapes the cost of a retaining wall
The design sets most of it, because the plan decides how big the footing is, how much steel goes in and how much drainage the wall needs. Height, length and what sits above the wall matter, along with access, removing an old wall and the finish on the face. If the budget is tight, I'd sooner simplify the finish than cut the footing or the drainage, because those can't be fixed later without taking the wall down.