Are IPod Touches better than IPhones?

I have an iPod 4 generation and was wondering are IPod touches better than iPhones. Here Re my theories. The iPod touch uses free Wi-Fi for FaceTime, texting, Safari browsing, watching YouTube and more whil the iPhone has a regular fee for Internet use. The price range is also a huge difference. The iPod touch is 200/300 dollars And the iPhone is 700/800 dollars plus regular usage fees. Shat do you think is the best option.

Well an ipod touch is just an iphone that can't make calls/send texts (without a special app) and can't connect to 3g/4g. And the iphone can Also connect to Wi-Fi… So it ALSO gets free safari browsing, youtube, facetime, and everything else