1/f noise represents the dominant source of noise in the low‐frequency range in several physical systems, including field‐effect transistors. Its investigation can provide very important information on the fabrication process, highlighting the steps that are more prone to the introduction of defects. Here, 1/f noise in bilayer MoS₂ transistors on paper with inkjet‐printed Ag contacts and hBN dielectric is investigated. These devices are promising building blocks for future low‐cost, flexible, and easily recyclable disposable electronics. The analysis of 1/f noise, performed following Hooge's empirical approach, results in a Hooge parameter ≈1–10, which is comparable to those reported for bilayer MoS₂ transistors on SiO₂. The present results indicate that the noise properties of the investigated devices are stable against substrate bending and are mainly determined by the printing of the dielectric, while not being sensibly affected by the use of the paper substrate. These results are promising for the further development of low noise 2D material‐based flexible electronics on paper.