This research aimed to comprehensively examine the economic and social effects by analyzing the perception of disaster relief funds for provincial residents focusing on Chungbuk. As a result of the study, it was found that the policy effectiveness of the disaster relief funds had a direct influence on the effectiveness of disaster relief funds, policy satisfaction, and policy attitude. In particular, it was found that the overall policy effectiveness and economic effectiveness were affected by the perception of the effectiveness of disaster relief funds. However, social effectiveness was found to be relatively affected by policy satisfaction. Considering the analysis results, it is interpreted that the point of attention in determining the policy effectiveness is affected by the possibility and effectiveness of policy means. And, it is judged that the perception of social effectiveness, which is a factor in judging the subjective area, is highly related to policy satisfaction, which is distinguished from the achievement of policy goals. Therefore, detailed content design of disaster relief funds is necessary by considering not only economic effectiveness but also social value and policy satisfaction management such as community recovery and government trust.