I know this is a HP thread, but in general I recommend against inkjets for almost all uses.
If you're not printing out photos on photopaper all the time, buy a laser.
Yes, it'll cost a couple hundred bucks more. But consider. If you don't print much, toner doesn't expire. Your starter cartridges will last you for years.
Literally. I bought a HP laserjet Pro 200 before I entered college. I'm entering my 4th year there, and I'm still using the original cartridges.
If you print a lot - toner is cheaper per page than ink. It is also water resistant(the paper will fail first), etc...
In the sweet middle, where you print enough that the inkjet cartridges don't dry out? It might make sense, but that is such a hard usage pattern to match up to, you're still better off with the laser.
If you need color, color laser printers aren't that much more expensive.
If you only occasionally need photo quality prints, just hire a company to print them. That way it's them that are worrying about the ink, paper, and everything else. If they screw up a print, the cost doesn't come out of you. At nearly $100 for a set of ink cartridges, another $20-100 for a package of fancy paper, you can get higher quality prints from people who print enough to have the practice to print right the first time, and the volume to justify better equipment and benefit from volume of scale in supply prices.