The paper develops six kinds of knitted fabrics by using magnetic fiber yarns-plain, 1+1 rib, full-cardigan stitch, royal rib, piquette and cross miss stitch, and also tests their bursting strength, air permeability, moisture permeability, heat retention, crease elasticity, flexibility and magnetic inductive properties. In addition, it makes a comprehensive evaluation for the testing results by using a fuzzy mathematical method. It points out that the piquette bears the most excellent wearing properties, full-cardigan stitch comes second; those for plain and 1+1 rib are similar; and the cross miss stitch shows the worst in all. Finally, it indicates that the comfort properties and the shape-preserving properties can meet the wearing request, the magnetic inductive intensity can reach the medical magnetic effects for healthy, which is suitable for developing the health care functional garments.