If you're going to be that way, I can create a 60-second clip in less than 60 seconds - I just take your raw footage and cut it at 1 minute mark :P
If you were serious about this project, you would have left a download link and a detailed description of your requirements, perphaps even a link for an example of what you are looking for.
I can't give an estimate when I don't know if sound needs to be fixed, if color needs to be corrected, if picture needs to be stabilized... How long is the raw footage? Who is the intended audience?
...
I can only guess that my price would be between $10 and $30 per video.