The ability of the opportunity cost framework to predict the risk of a teen birth is tested by analyzing the relationship between adolescents perceptions of opportunity and the odds of a teen birth across levels of community opportunity. Patterns of this relationship are compared across African American, Latina, and White teens and across socioeconomic status (SES) level. High educational expectations protect Whites, Latinas, and low-SES teens from low-opportunity communities from a teen birth.