The invention discloses an isolated three-level bidirectional DC-DC converter with a coupling inductor. The isolated three-level bidirectional DC-DC converter comprises a high-voltage side input capacitor, a low-voltage side input capacitor, a high-voltage side power supply, a low-voltage side power supply, a first power switching tube, a second power switching tube, a third switching tube, a fourth power switching tube, a first diode, a second diode, a third diode, a fourth diode, a first coupling filter inductor, a second coupling filter inductor, wherein the first coupling filter inductor and the second coupling filter inductor are coupled to each other. The isolated three-level bidirectional DC-DC converter has the advantages of small output current ripple and low loss of switching tubes, and is also relatively simple in structure.