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If you’re in the market for a home, you had better be putting away moolah.

According to HSH.com data, the average Chicagoan needs to make $62,455.94 a year to be able to afford a home, including the principal, interest, taxes and insurance payments.

The required salary rose by $5,288 in the second quarter, from April to June, compared with prices at the beginning of the year. Chicago had the second-highest price jump per HSH.com’s data, including cities such as Philadelphia, New York, San Francisco and Atlanta.

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The average home price in Chicago is now estimated to be around $246,400. Better start putting away the paychecks, y’all. That, or move to the suburbs. But who wants to do that?

@shelbielbostedt | [email protected]