According to Wikipedia, Minuteman III ICBMs have a 2020 unit cost of $20 million[2], so for the cost of an Iraq invasion, the US could have fired about 6600 missiles. Considering the invasion toppled the Iraqi government, it's pretty unlikely that firing 6600 missiles with conventional payloads would have been anywhere near as effective.
[0]: https://en.wikipedia.org/wiki/Financial_cost_of_the_Iraq_War...
[1]: https://en.wikipedia.org/wiki/Military_budget_of_the_United_...
[2]: https://en.wikipedia.org/wiki/LGM-30_Minuteman#Counterforce