In this work, an assistance system based on the Artificial Intelligence of Things (AIoT) framework was designed and implemented to provide convenience for visually impaired people. This system aims to be low-cost and multi-functional with object detection, obstacle distance measurement, and text recognition achieved by wearable smart glasses, heart rate detection, fall detection, body temperature measurement, and humidity-temperature monitoring offered by an intelligent walking stick. The total hardware cost is approximately $66.8, as diverse low-cost sensors and modules are embedded. Meanwhile, a voice assistant is adopted, which helps to convey detection results to users. As for the performance evaluation, the accuracies of object detection and text recognition in the wearable smart glasses experiments are 92.16% and 99.91%, respectively, and the maximum deviation rate compared to the mobile app on obstacle distance measurement is 6.32%. In addition, the intelligent walking stick experiments indicate that the maximum deviation rates compared to the commercial devices on heart rate detection, body temperature measurement, and humidity-temperature monitoring are 3.52%, 0.19%, and 3.13%, respectively, and the fall detection accuracy is 87.33%. Such results demonstrate that the proposed assistance system yields reliable performances similar to commercial devices and is impressive when considering the total cost as a primary concern. Consequently, it satisfies the fundamental requirements of daily life, benefiting the safety and well-being of visually impaired people.