Parents are spoiled for choice nowadays, thanks to the rise of the connected home and new technologies like live-streaming video and high-resolution cameras. No matter which type of baby monitor you buy — whether it be an old-school audio-only monitor or a fancy Wi-Fi video monitor — it will have two parts: a monitor in the baby's room and a receiver that you carry around with you to hear and/or view your baby.
Your phone might not have great battery life. Many parents who use a wifi baby monitor come to the realization that their smart phone battery life isn't so great when they are streaming a live video and audio feed from their baby monitor. If you have a newer iPhone or Android device, it will probably do pretty well, but if you have an older phone the batter is probably a bit weaker already and you will notice your battery life dropping pretty quickly during use. So definitely consider battery life and charging options for your smart phone when you are choosing between a self-contained versus wifi baby monitor.
It really depends on what you feel most comfortable with. There are audio monitors that allow you to listen to any noise coming from the nursery, vital monitors that track sleep and breathing and video monitors that add sight to sound. Babylist parents overwhelmingly choose video monitors. The security of seeing what your child is up to—like if they’ve gotten tangled in their swaddle, pulled their diaper off or climbed out of the crib—can be worth the extra cost of a video monitor.