The simple answer is not a lot, the more complicated answer is it depends on angle.
Before going further, it is important to note that while sound pressure is sufficient to describe acoustics in one media, sound intensity is the ultimate measure of how "loud" a sound is. There is a good discussion of this on the DOSITS website. I made this mistake earlier, despite having been repeatedly warned about this issue by my teachers in the past.
The sound intensity of a plane wave is the product of the acoustic pressure and the acoustic velocity (Eq. numbers from Computational ocean acoustics):
(1.12) I = p v / 2
for a plane wave, the velocity is related to the pressure by
(2.20) p = rho c v
where the product of rho and c is the acoustic impedance of media. The symbol Z is introduced for the acoustic intensity. This leads to the definition of acoustic intensity for a plane wave
(Sec. 1.3.3.1) I = p**2 / Z
So, when comparing sound pressures in the same media this issue of changing acoustic intensity can be ignored, and there is instead a pressure reference level for the media. For historical reasons the reference level is 20 micropascal in air and 1 micropascal in water, which makes comparison of levels between these media a little tricky.
Besides the difference in dB reference levels, however, there is an important physical difference between the intensity of waves with the same pressure in the two media. According to the last equation, the same pressure level in water (Z ~= 1.5e6 rayl) represents a very different acoustic intensity than in air (Z ~= 450 rayl).
Now for the transmission problem: A plane wave will have an angle a1 in the air, and angle a2 in the water. For angle a1, the angle a2 is given by Snell's law:
sin(a1) / sin(a2) = c1 / c2
the pressure amplitude of the transmitted wave in the second media is :
(1.57) T = (2 Z2 / sin(a2)) / (Z2 / sin(a2) + Z1 / sin(a1))
*Edit: As pointed out by @WMXZ, the transmission coefficient at normal incidence for air to water is ~2, while the transmission coefficient from water to air is ~0. Both transmission coefficients of exactly 0 and 2 indicate perfect reflections, produced by the ideal pressure release and rigid boundary boundaries, respectively.
For the ideal pressure release surface, a plane wave of 0 amplitude is transmitted into the other media. In the rigid boundary case (Z2 >> Z1), a plane wave with double amplitude is transmitted into the media, but according to the Eq. in Sec. 1.3.3.1, the transmitted intensity is also 0.