The invention provides an environment-friendly bacteriostatic water-based ink for tipping paper, which is characterized by consisting of the following raw materials in mass percentage: 45 to 55 percent of water, 3 to 10 percent of ethanol, 1 to 3 percent of antibacterial agent, 2 to 4 percent of anti-settling agent, 9 to 15 percent of titanium dioxide, 4 to 6 percent of calcium bicarbonate, 1 to 3 percent of GR organic dye, 5 to 10 percent of GR organic dye yellow, 1 to 3 percent of GR organic dye black, and 18 to 25 percent of binder. The environment-friendly bacteriostatic water-based ink can greatly reduce usage amount of ink and contents of arsenic, mercury and lead, prevents heavy metals such as the arsenic, the mercury, the lead, cadmium, nickel and chromium in a print from causing harm to human body, improves working environment, delays dispersing time of the antibacterial agent, increases antibacterial effect, has better viscosity stability and low inflammability, can simplify workload for printing and washing, and improves production efficiency.