You need to provide additional information before you will obtain proper respsonses. What is the environment? Temperature? Presence of chemicals, gases, etc.? What type of components are you investigating? Are they highly stressed, to where stress corrosion cracking is a concern? Is abrasion or wear a concern?
In general, Type 316 is considerably more corrosion resistant that Type 304. This is due to the addition of molybdenum, which promotes exceptional passivity, even in the presence of chlorine. It should be MORE resistant to pitting and crevice corrosion than Type 304.
There are many test methods for evaluating the corrosion behavior of metals, including stainless steels. If you provide additional details, we can recommend an appropriate test method based on the environmental conditions, etc. Also, I would recommend that you post this question to the CORROSION ENGINEERING forum located under the MATERIALS ENGINEERS section. There may be people that subscribe to that forum who do not subscribe to this one. One expert (mcguire is his handle) that regularly contributes to that forum has a great deal of experience in stainless steel, corrosion, etc.