It's crucial to consult a repair manual specific to your 1994 Pontiac Sunbird 2.0L for the exact location. Pictures in a repair manual will greatly help with identification.
Cost:
The cost of a crankshaft position sensor for a 1994 Pontiac Sunbird 2.0L varies depending on the brand (OEM vs. aftermarket) and where you buy it. Expect to pay anywhere from $20 to $80 USD. You can find them at auto parts stores (AutoZone, Advance Auto Parts, NAPA, etc.), online retailers (Amazon, eBay), and from your local mechanic. Always compare prices before purchasing.