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Not including cleanup, assuming you had it cut as low as it is in the pics, you'd be looking at $100-125 for me, and it'd take about 20-25 minutes.

Might have something to do with selling of land by the square foot. ;) If the job is in a convient location, for a $75 minimum charge, I'd grind a 32" stump if it was under 8" tall. Granted it'd only take about 10-15 minutes to get it 10" below grade. The most expensive stump we've done...

Our minimum varies from $50-150 depending on range mainly.

I give bids based on a per hour rate. The rate decreases on bigger jobs w/o having to worry about people, cars, windows, ect, and increases when those factors go up. Nearly all my grinding is done with an RG85, an all hydrualic 83hp grinder from Rayco.