I wouldn't touch an ink jet printer again if my life depended on it. Those ink cartridges (which do dry out some, so you never even get to use the full capacity) and iggggg overalll. Putting them in, taking them out, tres expensive. Seems like antiquated technology.
I have several Samsung laserjets and I replace the toner cartridge ONCE A YEAR. Love love love them. I have the monochrome one and you can find for way less than $100.
( have never paid full price for OEM samsung toner cartridge either, always finds new ones on ebay, still sealed, at the thrift store ads on ebay, companies upgrade and give them away to charity, etc. )
But if you only want to make labels I agree w/haunted myst & dave, just get a label maker.