The purpose of this study was to investigate those factors which are related to parent-adult child coresidence of Korean elderly. The data of 2,464 elderly over 65 from $oxDr$National survey of elderlys life and welfare desires in 1998$oxUl$collected by Korean Institute for Health and Social Affairs were used for this study. The major results of the study were summarized as follows: First, the elderly who live with their children were different from those who live independently from their children in socio-demographic characteristics, residential area, economic or physical abilities, and the value of elder care. Second, residential area, economic abilities, and the value of elder care were found to have an influence on the parent-adult child coresidence among Korean elderly. Third, the determinants of the parent-adult child coresidence for the elderly were different according to their value of elder care.