Thermal vision-based devices are nowadays used in a number of industries, ranging from the automotive industry, surveillance, navigation, fire detection, and rescue missions to precision agriculture. This work describes the development of a low-cost imaging device based on thermographic technology. The proposed device uses a miniature microbolometer module, a 32-bit ARM microcontroller, and a high-accuracy ambient temperature sensor. The developed device is capable of enhancing RAW high dynamic thermal readings obtained from the sensor using a computationally efficient image enhancement algorithm and presenting its visual result on the integrated OLED display. The choice of microcontroller, rather than the alternative System on Chip (SoC), offers almost instantaneous power uptime and extremely low power consumption while providing real-time imaging of an environment. The implemented image enhancement algorithm employs the modified histogram equalization, where the ambient temperature sensor helps the algorithm enhance both background objects near ambient temperature and foreground objects (humans, animals, and other heat sources) that actively emit heat. The proposed imaging device was evaluated on a number of environmental scenarios using standard no-reference image quality measures and comparisons against the existing state-of-the-art enhancement algorithms. Qualitative results obtained from the survey of 11 subjects are also provided. The quantitative evaluations show that, on average, images acquired by the developed camera provide better perception quality in 75% of tested cases. According to qualitative evaluations, images acquired by the developed camera provide better perception quality in 69% of tested cases. The obtained results verify the usability of the developed low-cost device for a range of applications where thermal imaging is needed.