I was staying in Kai Bae on Koh Chang and decided to go check out a local waterfall. It is in a national park so foreigners must pay 200 baht entrance fee, while Thais pay 60 baht.
From the parking area it is a moderate 500 meter hike up to the falls with very little elevation gain. It is worth going if you want to swim. The pool at the base of the falls is quite deep and filled with very cool and refreshing water. There are also some large fish (30cm) swimming around in there which will nibble at your feet if you sit idle for long enough.
Overall, I think it is worth the price and hike.
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