I have just found a useful infograph of Free WordPress Hosting Blog vs. Self Hosted WordPress.org Blog. It’s quiet useful for beginners. There is a good comparision of both options side by side with list of pros and cons. Click on the image to see the full version of the Infograph.

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“It is legal to share infographs as long as you link to this article for users to view the full infograph. You may not copy the full infograph and host it on your server. In short, simply take a thumbnail of this infograph, paste it on your site and link to our site for the users to view the full infograph.”
http://www.wpbeginner.com/beginners-guide/self-hosted-wordpress-org-vs-free-wordpress-com-infograph/ << Here is the link for your reference.
-Syed
Founder of WPBeginner.com
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Done 🙂
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