The present invention provides a power strip having a surge protective circuit. When a surge is inputted into the power strip, the surge is subject to two-stage suppressions so as to protect the electrical appliances which are electrically connected to the power strip. The surge protective circuit of the power strip includes a first surge protective device, a buffer conductive device and a second surge protective device. The buffer conductive device is relatively small-sized and cost-effective in comparison with the bulky inductor used in conventional power strip.