Some of the symptoms for menopause include depression and anxiety. Anxiety can cause a shortness of breath. So menopause can indirectly cause a shortness of breath in this case. Another condition that can result from menopause is panic disorder. Panic attacks tend to cause a shortness of breath and tightness in the chest. There are also allergies and other conditions. If you have asthma and you are going through menopause, you might suffer from an asthma attack which could probably be caused by menopause. While menopause can on some level cause shortness of breath. Shortness of breath can also be caused by many other factors.