This spot has everything you want to get inspired. Apparently there are single AND double rainbows throughout the day due to the spray of the waterfall. It is also said that a Viking explorer buried a treasure somewhere behind the waterfall.
If you can't pull yourself away from the falls, just set up camp! You can set up your tent so you'll have a perfect view of the Skógafoss and if you're lucky, catch one of its famous rainbows. According to legend, a Viking named Þrasi Þórólfsson buried a chest of gold behind the falls here so make sure to bring your metal detector, too.