One of the differences for me is focus. When I listen to something I'm usually doing other things. What I've found is that whilst this is OK for things like podcasts, I feel that I'm missing things with audiobooks. I find myself going back and rewinding a lot.
Reading is something I pretty much have to focus on solely by its nature*.
I do still listen to audiobooks but they're mostly consumed on long drives or flights etc.
(*OK I suppose I can and do eat and read, but that's usually a case of look at book, pause whilst I glance at my plate to grab another mouthful, look back to book so really I'm time-slicing not doing it at the same time. I can't read and do housework or read and drive)
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