Because both inkjets and lasers can print a wide variety of documents, the final decision often boils down to cost. Inkjets tend to be cheaper to buy but more expensive to maintain over time. Laser and solid-ink printers cost more up-front, but they usually save you money down the line. Here are the main factors to consider.
Cost per page: Divide the price of an ink or toner cartridge by its page yield--usually available (with some digging) from the vendor's Web site--to get a sample cost per page, not counting paper. For instance, a page of black text from a laser printer might cost one to three cents; the same page from an inkjet might cost three to five cents. Those pennies can add up quickly, especially when you use more ink for longer or more graphics-heavy documents.
The smaller the cartridge's page yield, the pricier the ink or toner will be. Some ink tanks are empty after just a few hundred pages. The smallest toner cartridges--around 1000 pages--will cost more per page than a toner supply that can print 2500 or more pages.
Print volume: A small office's consumables rule of thumb: Your ink or toner cartridge's page yield should exceed your monthly print volume. Buying a printer whose toner or ink supply far exceeds your capacity means you're tying up capital in consumables that you might not replace for months. Also, ink cartridges can clog or dry out if left inactive for long periods of time. If you don't print that much--a few dozen pages a day, nothing too complicated--an inkjet or low-capacity laser might work just fine. But if you print a lot, you'll want a printer with a higher-capacity ink or toner cartridge to lower the cost per page and cut down on replacement cost and time.
Other consumables: Lasers have their pricey side, too. Their toner cartridges cost a lot more up-front, especially if they contain a drum and other printer parts in addition to the toner. Other parts, such as the fuser, may cost hundreds of dollars to replace, though they may require replacing only once (or never) over the lifetime of the printer.
Solid-ink printers (such as those from Xerox) require far fewer consumables--mostly ink blocks and a waste collection tray--but the technology is overshadowed by its laser competitor. PC World will be testing solid-ink printers in the coming months.