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The best cheap printers from our tests

We highlight the best low-cost printers from our lab tests, including models with the cheapest annual ink costs.

Cheap laser printer on a navy background
Last updated: 27 June 2024
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Though you may get away with using the office printer for personal use now and then, there comes a point where it's much more convenient to buy your own. There are plenty of good quality printers that don't cost a lot of money upfront, but that's not the only expense you need to consider.

Some cheap models use a lot of ink, which can end up costing more over time than a more expensive (but more efficient) model. Before buying, you need to have a rough idea of the volume and type of documents and photos you plan to print over the course of a year. Then you can find a printer to suit your needs that won't cost you a fortune in the long run.

Buying the cheapest printer for your needs

When you're in the market for a new printer, printing quality is the most important thing to consider, followed by annual ink costs. The other aspects in our test, such as printing speed, copying and scanning scores, are important but only apply to specific scenarios.

Give some thought to how often you'll use the printer, as this will determine how much of a factor annual ink costs will be. For example, you may find a low-cost printer that uses a lot of ink, but your recurring expenses will still be low if you only print documents from time to time.

Similarly, if you regularly print monochrome and colour documents, then a higher priced model with very good ink efficiency may end up costing less over time. Once you've figured this out, you can dig into the different printer types.

Calculating annual ink costs

When we test printers, we determine ink or toner life by running the printers almost continuously to calculate cost per page and long-term running costs. This is based on our average use scenario of 1000 mono prints, 250 colour prints and 250 full-colour photo prints over the course of a year. This can help you determine whether the initial recommended retail price (RRP) of the printer or recurring ink costs are more important.

Low RRP: If you don't plan to print very often, then a low cost, high scoring printer from our test results will be fine. Though annual running costs might be high, your usage scenario is likely to be well below what we use to calculate ink expenses when we test.

Low annual ink costs: If our typical usage scenario mirrors your needs, then look for a high-scoring printer with low annual ink costs. These tend to have a higher price tag, but you'll ultimately save money compared to many low-cost printers.

Below are two examples from our test results that help demonstrate the difference in costs.

Cost  Annual ink/toner cost Total cost over 3 years Print quality score
High RRP $649  $30  $739  78%
Low RRP $179  $497  $1616  80%

Calculations based on annual ink costs multiplied over the course of three years. Some printers include free ink which can offset initial ongoing expenses for one to three years. These do not factor into the projected costs listed above.

Printer types: Standard or multi-function (MFP)

There are two types of printers:

  • standard printers have no additional functions
  • multi-function printers (MFP) include scan and copy functions and are much more versatile, but they generally come with a higher asking price.

Within these two broad categories are a range of features that vary between brands and models. These include photo printing, refillable ink wells, eco modes and more. These features and specifications are included in our test results comparison table.

Are inkjet or laser printers better?

These days the two main ink delivery systems are pretty comparable in most respects, but there are a couple of key differences worth keeping in mind.

A good inkjet printer produces sharp, vibrant, top-quality prints across a range of paper types. Ink costs can be high, but the best models can really make your graphics pop, so to speak.

Laser printers can't match the quality of a good inkjet model, but they typically use less ink when printing. They can also print faster and don't have ink heads, which means they can sit idle for longer periods without clogging issues.

Inkjet printer next to a laser printer

Inkjet and laser are the two main printing technologies.

Saving money with refillable ink

Continuous ink supply systems, or CISS, use a modified ink cartridge that's easy to refill. Not only can you top them up whenever you need to, but colour models let you refill individual tanks if one is running out faster than the other. Traditional printer cartridges, which combine colours, are basically ineffective once one colour runs out. This happens regardless of how much ink is left in the other vessels.

This is far and away the most economic way to print. So, what's the catch? CISS-enabled printers typically have a high RRP. But the long-term savings will likely make up for that.

We independently test and review new printers in specialised labs to find out which ones deliver the best performance, and which ones will be cheapest to run. If you're not yet a member, join CHOICE to get instant access to all of our expert, independent reviews. If you're already a CHOICE member, log in to unlock this article and read about the best cheap printers we've tested.

Printers that achieve a CHOICE Expert Rating (our overall score) of 70% or more, and a print quality score of more than 70%, receive the 'CHOICE Recommended' seal of approval. 

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Best cheap printers based on RRP

These are the top-performing printers that cost under $200 in our test. Some have high annual running costs so they're only worth considering if you plan to use your printer occasionally.

canon-tr7860-home-office_2

Canon TR7860 Home Office printer.

Canon TR7860 Home Office

  • Cost: $179
  • Type: Multifunction colour inkjet printer
  • CHOICE Expert Rating: 78%
  • Printing quality score: 80%
  • Ease of use score: 74%
  • Annual ink/toner costs: $497

Canon Pixma TS7760 Home

  • Cost: $139
  • Type: Multifunction colour inkjet printer
  • CHOICE Expert Rating: 77%
  • Printing quality score: 80%
  • Ease of use score: 73%
  • Annual ink/toner costs: $496

Brother HL-L2445DW

  • Cost: $199
  • Type: Standard laser mono printer
  • CHOICE Expert Rating: 73%
  • Printing quality score: 65%
  • Ease of use score: 66%
  • Annual ink/toner costs: $150

Canon Pixma TR7060a

  • Cost: $139
  • Type: Multifunction colour inkjet printer
  • CHOICE Expert Rating: 73%
  • Printing quality score: 78%
  • Ease of use score: 73%
  • Annual ink/toner costs: $572

Best cheap printers based on annual ink/toner cost

These aren't always the cheapest models in our test but they do have the lowest annual ink costs of our recommended printers. This doesn't factor in free ink included with some models which can last up to three years. It's the cost of enough ink to last one year when a refill is required.

canon-maxify-gx3060-megatank_2

Canon Maxify G3060 MegaTank printer.

Canon Maxify G3060 MegaTank

  • Cost: $649
  • Type: Multifunction colour inkjet printer
  • CHOICE Expert Rating: 77%
  • Printing quality score: 78%
  • Ease of use score: 73%
  • Annual ink/toner costs: $30

Canon Maxify G4060 MegaTank

  • Cost: $699
  • Type: Multifunction colour inkjet printer
  • CHOICE Expert Rating: 77%
  • Printing quality score: 78%
  • Ease of use score: 73%
  • Annual ink/toner costs: $30

HP Smart Tank 7605

  • Cost: $648
  • Type: Multifunction colour inkjet printer
  • CHOICE Expert Rating: 72%
  • Printing quality score: 73%
  • Ease of use score: 64%
  • Annual ink/toner costs: $33

Stock images: Getty, unless otherwise stated.