A device combining motor driven power steering with a compressor, may include a deceleration gearbox connected to a steering shaft, a motor selectively providing a steering force to the deceleration gearbox, a first electronic clutch mounted between the deceleration gearbox and a first shaft of the motor, and transmitting or discontinuing transmission of power from the motor to the deceleration gearbox, a power transmitting gear set transmitting power from the motor to a compressor, a second electronic clutch mounted between a second shaft of the motor and an input side of the power transmitting gear set, and transmitting or discontinuing transmission of power from the motor to the power transmitting gear set, and the compressor for an air conditioner, connected to an output side of the power transmitting gear set.