Provided is a power conversion device using a magnetic coupling reactor and being capable of reducing the number of parts and reducing the size of not only the magnetic coupling reactor but also an input capacitor. The magnetic coupling reactor is connected between a semiconductor switch element group, which executes power conversion, and the input capacitor. The coupling factor of two reactors in the magnetic coupling reactor is kept to a value equal to or less than a set value, for example, 0.8. The set value takes into consideration an area in which a ripple current of the input capacitor increases rapidly in response to a rise in coupling factor. The ripple current flowing in the input capacitor is reduced by thus setting the coupling factor.