They should be sweating, because if the other side can fire 100 rockets for $10k that are close enough to not immediately and obviously be off target, and you don't know whether a more expensive one with actual explosives is hiding within that barrage, you now have 100 targets to try to intercept, and suddenly your costs have gone up dramatically while the other sides costs has barely moved.
100 rockets for $10k is not happening. The price floor is not dictated by the electronics (which did get cheaper), it's dictated by the rest of the system: propulsion, warheads, arming and safety, QA, traceability, climate and shelf life stability.
Take a look at Raytheon's manufacturing line: https://www.youtube.com/watch?v=kCCkVAHSzrc That's what it takes to have missiles that are nearly guaranteed to perform to specification every time. You can stockpile the packaged missiles in a non-climate-controlled shed for years, replenish them at sea while being showered with salt water, subject them to shock of a nearby blast while in a VLS, and they will still launch, go up to Mach 13, and catch an incoming ballistic missile nearly every time.
Sure, Iran's ballistic missiles are simpler than SM-3, but they are still subject to most of the constraints. They still need perfectly cast large size solid rocket motors that don't crack after being stored for a year, they need warheads that only go off when they are supposed to, they still need to trace every part for QA, etc. There's a vast gap, largely invisible to amateurs, between garage prototypes and stockpiled AURs.