Recommendation requested for printer purchase for home usage

I am planning to buy a printer with following typical usage: The printer will be connected to laptop, the printer has to support color printing, it has to come for long life, the printer is expected to retain the ink for long term of idle. as I intend to use only at home, it will not be used like the ones in computer browsing centers. So, it has to be low cost, it can be slow, I can bear with that, but it has to be compact and slim. Any company printer is fine provided it is reputed one in its printer products. I would like to know are there stand alone printers available for hone usage. Printers with Wi-Fi connectivity are also on my search list. Hope I am clear with the requirements.