The wikipedia article on the wheel says that
If a 100 kg object is dragged for 10 m along a surface with the coefficient of friction μ = 0.5, the normal force is 981 N and the work done (required energy) is (work=force x distance) 981 × 0.5 × 10 = 4905 joules.
Now give the object 4 wheels. The normal force between the 4 wheels and axles is the same (in total) 981 N. Assume, for wood, μ = 0.25, and say the wheel diameter is 1000 mm and axle diameter is 50 mm. So while the object still moves 10 m the sliding frictional surfaces only slide over each other a distance of 0.5 m. The work done is 981 × 0.25 × 0.5 = 123 joules; the work done has reduced to 1/40 of that of dragging.
How did they get the distance of 0.5m? I can't seem to get my head around it.